12d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia could see selective bargain hunting next week following the recent sell-off, particularly in fundamentally sound blue-chip stocks that have been marked down amid the broader risk-off environment, an analyst said.
12d ago
GEORGE TOWN, Sept 12 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd’s (Bank Rakyat) wholly-owned subsidiary, Rakyat Management Services Sdn Bhd (RMS), has launched the MyARX mobile application as part of its efforts to strengthen the digital transformation of the Ar-Rahnu X’Change service.
13d ago
KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit appreciated against most major and regional currencies on Friday, although it declined against the US dollar.
13d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).
13d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.
13d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.
14d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, following the decline in gold futures on the United States Commodity Exchange (COMEX).
14d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.
14d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.
15d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking the steady performance of gold futures on the US Commodity Exchange (COMEX).
15d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday amid investor caution as heightened tensions in West Asia pushed Brent crude oil to above US$100 per barrel, an analyst said.