19d ago
KUALA LUMPUR, July 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, mirroring losses in COMEX gold, as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes on Wednesday.
19d ago
KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.
19d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.
19d ago
KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today, tracking the softer underlying cash market.
19d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 7 (Bernama) -- The Kuala Lumpur rubber market closed lower on Tuesday, weighed down by softer near-term demand from China and weaker economic data from the United States.
19d ago
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
19d ago
SERENDAH, July 7 (Bernama) -- The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.
19d ago
KUALA LUMPUR, July 7 (Bernama) -- Leading power infrastructure solutions provider Tamco and global solar and energy storage innovator Hoymiles formed a strategic partnership today to support the development of Malaysia’s future energy infrastructure, bringing together global energy storage technologies with local industrial expertise.
19d ago
SERENDAH, July 7 (Bernama) -- MCE Holdings Bhd expects its newly launched MCE Auto Hub here to accelerate Malaysia’s transition towards higher-value automotive manufacturing by strengthening local capabilities in the design, engineering and production of advanced automotive electronics.
19d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.
19d ago
KUALA LUMPUR, July 7 (Bernama) -- Momentum Technologies, a French deeptech company, has presented its LIFEPODS capsules at the 2026 editions of VivaTech and Eurosatory to address emerging security, climate and industrial challenges.
19d ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.