Gold Futures Close Lower Tracking COMEX

KUALA LUMPUR, Nov 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday tracking losses on the US Commodity Exchange (COMEX).

JS Tradventures Clinches Asia Record For Highest Trading Winning Percentage

SHAH ALAM, Nov 12 (Bernama) -- JS Trading Ventures Sdn Bhd (JS Tradventures) has become the first trading community in Asia to receive Asia Record recognition for achieving the highest trading winning percentage in multi-asset trading within a two-month period.

PBA Holdings Shareholders Aye To Proposed Bulk Treated Water Purchase

GEORGE TOWN, Nov 12 (Bernama) – PBA Holdings Bhd (PBAHB) extraordinary general meeting (EGM) today approved the proposed bulk purchase of treated water from Perak under the North Perak Water Supply Scheme (NPWSS), scheduled to commence on March 31, 2032.

Ringgit Ends Higher Against Major, ASEAN Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit ended higher against major and ASEAN currencies on Thursday but dipped against the US dollar as growing expectations of an aggressive US  interest rate hike boosted demand for the greenback.

Acer Malaysia Launches POSWARE Range, Targets 1,000 Units By End-2027

PETALING JAYA, Nov 12 (Bernama) -- Acer Malaysia is targeting 1,000 units of its Acer POSWARE point-of-sale (POS) equipment in Malaysia by the end of 2027, following today’s launch of the new range.

Deeper Economic Cooperation With China Will Boost Investments, Opportunities For SMEs -- Sim

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia is seeking to deepen economic cooperation with China by strengthening partnerships between businesses from both countries, particularly in enabling local small and medium enterprises (SMEs) to participate in supply chains and benefit from greater investment opportunities.

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an analyst said.

Hartalega Holdings Posts Higher Net Profit Of RM32.80 Mln In 2Q

KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a higher net profit of RM32.80 million in the second quarter (2Q) ended Sept 30, 2026, from RM18.29 million in the same period last year, driven by higher operating profit.

Smallholders Face Mill Intake Risks Amid Palm Oil Glut - Analyst

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 12 (Bernama) -- Independent smallholders are likely to bear the brunt of Malaysia's rising palm oil stockpiles and weakening prices, as they have little flexibility to delay sales and risk facing stricter palm oil mill intake quotas and fruit rejections, according to an analyst.

Space42 Nine-Month Net Profit Up 31 Pct

KUALA LUMPUR, Nov 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered space technology company, posted a 31 per cent rise in net profit to US$49 million for the nine months ended Sept 30, on revenue growth of 11 per cent to US$404 million. (US$1 = RM4.07)

Rubber Market Ends Mixed On Higher Supply, Weak China Tyre Demand

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 12 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday as increased seasonal rubber supply in Thailand and subdued tyre demand in China weighed on market sentiment, a dealer said.

Chengdu’s Shuangliu Draws Largest iSpace Rocket Base In China

KUALA LUMPUR, Nov 12 (Bernama) -- Chinese commercial space company, iSpace has completed the main structure of the final assembly plant at its base for producing and testing reusable liquid-fuel rockets in the Chengdu Shuangliu Economic Development Zone.