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BYD Malaysia Appoints Sime Motors For Local Vehicle Assembly

KUALA LUMPUR, Oct 15 (Bernama) -- BYD Malaysia Sdn Bhd has appointed Inokom Corporation Sdn Bhd, a Sime Motors subsidiary based in Kulim, Kedah, as its local assembly partner for completely knocked-down (CKD) vehicles.

Budget 2027 To Drive M&E Industry Towards Higher-value Activities, Enhance Competitiveness -- MEIF

KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Ringgit Opens Lower Vs US Dollar On Renewed US Rate Hike Expectations

By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.

Genting To Allocate RM280 Mln From Rights Issue For Interest, Financing Costs

KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

CPO Futures Close Higher On Stronger Export Demand, Energy Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.

Amova AM To Offer Global Investment Products Tailored To Malaysian Clients

KUALA LUMPUR, Oct 14 (Bernama) -- Amova Asset Management Co Ltd (Amova AM) plans to offer global investment products tailored to Malaysian clients, complementing those offered by AHAM Asset Management Bhd (AHAM Capital).

FBM KLCI Expansion To Better Reflect Malaysia’s Economy, Stock Weighting Impact Manageable -- AHAM Capital

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- The expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents is expected to provide a more accurate representation of Malaysia’s domestic economy.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).

KLCI Futures End Mostly Higher

KUALA LUMPUR, Oct 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday, tracking the underlying cash market’s performance.

Ringgit Closes Higher Against US Dollar On Improved Risk Appetite

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as investors' risk appetite improved ahead of US inflation data, with sentiment supported by the Budget 2027 announcement last week.

Perak Contributes RM12.29 Bln To Nation's Total Trade In 8M 2026

IPOH, Oct 14 (Bernama) -- Perak has contributed RM12.29 billion, or 0.5 per cent, to Malaysia’s total trade in the first eight months of this year (8M 2026), an increase of 7.6 per cent compared with 8M 2025.