Bursa Malaysia Ends Sharply Lower On Rising Yields, Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia ended sharply lower on Tuesday as the market succumbed to selling pressure amid surging bond yields and elevated oil prices, which continued to undermine risk appetite.

BNM Considers Greater Risk-taking To Support Energy Transition - Governor

KUALA LUMPUR, Sept 29 (Bernama) -- Bank Negara Malaysia (BNM) is considering giving financial institutions more room to take on higher risks responsibly to support the energy transition, Governor Datuk Seri Abdul Rasheed Ghaffour said.

Nanning Competition Awards Innovation And Entrepreneurship Projects, Boosts ASEAN Focus

KUALA LUMPUR, Sept 29 (Bernama) -- The ninth China·Nanning Overseas Talent Innovation and Entrepreneurship Competition 2026 concluded in Nanning, awarding six first prizes, 10 second prizes, 14 third prizes, 20 excellence awards and five ASEAN Cooperation Potential Awards.

Bursa Malaysia Lower At Midday Amid Selling In Banking Stocks

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by selling in selected heavyweights particularly banking stocks, in line with the softer Wall Street performance.

Bursa Opens Lower On Wall St Weakness As Rising Oil Prices, US Bond Yields Weigh

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday, tracking weaker Wall Street performance overnight as rising crude oil prices and US bond yields weighed on sentiment.

Ringgit Opens Slightly Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, with elevated geopolitical risks continuing to favour defensive positioning.

Budget 2027: Perak Hopes For Funding For Water Transfer Project, School Infrastructure

IPOH, Sept 28 (Bernama) -- The Perak government hopes Budget 2027 will give due consideration to its request for funding for a water transfer project from the Perak River to Bukit Merah Lake, so that it can be implemented by next year.

New Automotive Investors Could Replace BYD In Tanjong Malim - Perak MB

IPOH, Sept 28 (Bernama) -- Perak has confirmed that several automotive companies are interested in investing in KLK TechPark in Tanjong Malim, potentially replacing Chinese electric vehicle (EV) maker BYD Company Ltd, which previously withdrew from the project.

PM Anwar Urges Malaysian Companies To Expand In Saudi Arabia

KUALA LUMPUR, Sept 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged more Malaysian companies to expand their presence in Saudi Arabia and pursue collaborations that benefit both countries.

Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said.

MIDA-OCBC Malaysia Partnership To Attract High-value Investments, Strengthen Local Businesses

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd have signed a memorandum of understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, South Korea and Taiwan, while supporting the development of local business ecosystems.

Bursa Malaysia Flat At Midday Amid Cautious Trading, Mild Selling

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia was flat at midday amid mild selling pressure as investors remained cautious, weighing prospects for United States (US)-Iran diplomatic talks against elevated oil prices and bond yields, alongside a hawkish US Federal Reserve, an analyst said.