Yinson Well-positioned To Benefit From Offshore Investment Upswing

KUALA LUMPUR, June 26 (Bernama) -- Yinson Holdings Bhd is well-positioned to capitalise on a potential upcycle in upstream offshore investments, particularly within the floating production, storage and offloading (FPSO) segment. 

Ringgit Opens Marginally Lower As Strong US GDP Supports Dollar

KUALA LUMPUR, June 26 (Bernama) -- The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback.

CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive trading day, pressured by weaker crude oil prices.

Gold Futures End Lower For Third Day Running

By Danni Haizal Danial Donald

KUALA LUMPUR, June 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower for a third consecutive day on Thursday, weighed down by expectations of higher United States (US) interest rates following the release of the US Personal Consumption Expenditures (PCE) inflation data later tonight.

Implementation Of B15 Will Not Affect Cooking Oil Supply, Food Industry

KUALA LUMPUR, June 25 (Bernama) -- The implementation of increasing the biodiesel blend to B15 will not affect the supply of cooking oil and the domestic food industry because the additional palm oil usage only represents about 1.5 per cent of the country's total palm oil supply.

Ringgit Continues Stellar Performance, Ends Higher For Third-consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, June 25 (Bernama) -- The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and ASEAN peers on Thursday as investors await the United States (US) Personal Consumption Expenditures (PCE) inflation data later tonight.

Bursa Malaysia Succumbs To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.

Kuala Lumpur Rubber Market Extends Losses, Tracking Regional Futures Decline

KUALA LUMPUR, June 25 (Bernama) -- The Kuala Lumpur rubber market ended sharply lower for the third consecutive day, tracking broad-based declines in regional rubber futures markets amid growing expectationS of improved supply availability, a dealer said.

YTL AI Labs Powers Yes To Become Malaysia’s AI-First Telco 

KUALA LUMPUR, June 25 (Bernama) -- YTL Power International Bhd’s Artificial Intelligence (AI) Labs (YTL AI Labs) has partnered with YTL Communications’ mobile operator Yes to bring ILMUchat, Malaysia’s AI, to expand access to advanced AI technologies for Malaysians nationwide.

PerkyPet AI Strengthens AI Leadership With Jamal Jackson Appointment

KUALA LUMPUR, June 25 (Bernama) -- PerkyPet AI, the veterinary-built artificial intelligence (AI) platform for proactive pet health, has appointed veteran technology leader Jamal Jackson as Global Head of Applied AI.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Fewer Than One Pct Of RON95 Users Exceed 200-litre Monthly Quota - Amir Hamzah

KUALA LUMPUR, June 25 (Bernama) -- Fewer than one per cent of the 14 million users registered under the BUDI MADANI RON95 (BUDI95) programme consume more than the 200-litre monthly quota, Finance Minister II Datuk Seri Amir Hamzah Azizan said.