LATEST NEWS   PM Anwar approves immediate allocation of RM1 million for critical repair work at Johor PDRM quarters | Annual grant for Neighbourhood Watch Area (KRT) nationwide increased from RM6,000 to to RM10,000 - PM Anwar | Over RM3.2 million approved for 16 repair projects at Islamic educational institutions in Johor - PM Anwar | Johor Polls: Former MB Datuk Seri Hasni Mohammad will not defend Benut seat | At 6 pm, the ringgit appreciated to 4.1355/1400 against the US dollar from 4.1380/1430 at Tuesday's close. | 

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Ringgit Extends Gains On Strong Malaysian Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.

Alderbuck Energy To Deploy Nexus Power Unit At San Diego Supercomputer Center

KUALA LUMPUR, June 24 (Bernama) -- Alderbuck Energy, a power conversion and intelligent energy management solutions developer, announced that its Nexus Power Unit (NPU) will be deployed at the San Diego Supercomputer Center (SDSC) at the University of California San Diego.

Shell Unveils Triple 10 Challenge Concept Car For Next-Gen EVs

KUALA LUMPUR, June 24 (Bernama) -- Shell has unveiled its Triple 10 Challenge concept car, a ground-breaking proof-of-concept vehicle designed to showcase a new approach to battery electric vehicle (EV) design through advanced thermal management technology.

NIKE Appoints David Denton As CFO

KUALA LUMPUR, June 24 (Bernama) -- NIKE Inc has appointed David M. Denton as Executive Vice President (EVP) and Chief Financial Officer (CFO), effective Aug 17, as the company continues to advance its growth strategy and operational priorities under President and Chief Executive Officer, Elliott Hill.

Malaysia's Aerospace, LAE Sectors Poised To Exceed RM100 Bln In Revenue By 2035

KUALA LUMPUR, June 24 (Bernama) -- The aerospace and low-altitude economy (LAE) segments could potentially generate RM100 billion in revenue by 2035, driven by emerging opportunities, according to the National Aerospace Industry Corporation Malaysia (NAICO Malaysia).

UWC Among Top Gainers, Analysts Lift Target Prices On Robust Semiconductor Demand

KUALA LUMPUR, June 24 (Bernama) -- UWC Bhd was among the top gainers on Bursa Malaysia today, up by more than four per cent in early trade after its third-quarter financial year 2026 (3Q FY2026) results came in line with expectations.

Ringgit Opens Easier As Strong US Data Supports Dollar

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.

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.

AEON Credit Targets 8.0 Pct Loan Growth For FY2027

KUALA LUMPUR, June 23 (Bernama) -- AEON Credit Service (M) Bhd is targeting loan growth of about eight per cent for the financial year ending Feb 28, 2027 (FY2027), driven by revenue expansion, stable asset quality and enhanced operational efficiency.