Bursa Malaysia Opens Higher On Bargain Hunting

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened higher on Wednesday, rebounding from yesterday's losses as bargain hunting in selected blue-chip stocks lifted sentiment, an analyst said.

Political, GE16 Speculations Not Main Factors Driving Foreign Investors' Decisions - MITI

KUALA LUMPUR, June 23 (Bernama) -- Speculations on politics and the potential 16th General Election (GE16) are not the main factors influencing foreign investors' decisions, although political stability remains an important consideration in determining investment destinations.

Ringgit Rebounds Versus US Dollar, ASEAN Currencies Ahead Of US PMI Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers’ Index (PMI) June data release tonight.

Bursa Malaysia Extends Decline Amid Persistent Uncertainties

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 23 (Bernama) --  Bursa Malaysia extended its losses on Tuesday as investors remained on the sidelines amid persistent uncertainties and the absence of significant market catalysts, an analyst said.

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.

Generali Malaysia, Amanah Raya Launch Gen Sinar For Underserved Families

KUALA LUMPUR, June 23 (Bernama) -- Generali Insurance Malaysia Bhd (Generali Malaysia), in partnership with Amanah Raya Bhd, has launched Gen Sinar, an affordable personal accident insurance plan designed to empower underserved families with financial protection.

Oil Likely To Trade Between US$65-US$80 Over Next 6-12 Months - Analyst

KUALA LUMPUR, June 23 (Bernama) -- Oil prices are likely to move between US$65 and US$80 per barrel over the next six to 12 months amid ongoing uncertainties surrounding negotiations between the United States (US) and Iran, according to a veteran oil market analyst.

Japan’s Non-Life Insurance Segment Outlook Remains Stable - AM Best

KUALA LUMPUR, June 23 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Japan’s non-life insurance segment, citing factors including rising interest rates and the introduction of the Japan Insurance Capital Standard (J-ICS).

Iran Open To Oil Supply Talks With Malaysia As Waiver Takes Effect -- Envoy

KUALA LUMPUR, June 23 (Bernama) – The 60-day waiver on the sale of Iranian crude oil in the global market has opened the door for Iran and Malaysia to further strengthen economic cooperation, particularly in the energy sector.

Diplomacy With All Countries Helps Secure Long-term Energy Supplies For Logistics, Transportation -- Loke

KUALA LUMPUR, June 23 (Bernama) -- Long-term supply agreements for oil, gas and diesel for at least 20 years will provide stability to the logistics and transportation sectors, said Transport Minister Anthony Loke Siew Fook.

Malaysia Must Build Future-ready Maritime Economy -- Loke

KUALA LUMPUR, June 23 (Bernama) -- Malaysia must build a future-ready maritime economy, anchored by resilient ports, a diversified energy architecture, innovative digital infrastructure, secure shipping corridors, and robust regional cooperation.

Bursa Malaysia Opens Higher On Mild Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday on mild bargain hunting despite a mixed session on Wall Street, an analyst said.