Gold Futures Close Higher Amid Lower Oil Prices
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
| LATEST NEWS | Najib's conditional pardon: Ahmad Zahid describes house arrest as a meaningful development, calls on UMNO members to respect established process. | Malaysia proposes ASEAN Halal Council launch in Malaysia in Sept 2027, in conjuction with National Halal Month - DPM Ahmad Zahid | ASEAN Halal Council: Malaysia offers to serve as secretariat, Indonesia as inaugural chair - DPM Ahmad Zahid | There is no discussion of a government bailout for AirAsia — Tony Fernades | King has granted a conditional pardon to Najib, allowing him to serve the remainder of his sentence under house arrest until Aug 23, 2028, subject to him paying a RM50 million fine - BHEUU | |
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Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities
PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.
Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.
Mavenir Receives Germany's First BSI NESAS Certification For 5G Network Function
KUALA LUMPUR, June 15 (Bernama) -- Mavenir, the software company building cloud-native, AI-by-design mobile networks, announced it has become the first tier-one telecommunications infrastructure software provider to receive Germany's BSI NESAS certification for a 5G Packet Core network function.
Pentech Eyes 40 Pct Recurring Revenue Contribution In Three Years
KUALA LUMPUR, June 15 (Bernama) -- Penang-based information and communication technology (ICT) solutions provider Pentech Holdings Bhd aims to achieve 40 per cent recurring revenue and 60 per cent from its non-recurring segment over the next three years.
Bursa Malaysia Stays Higher At Midday
KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.
Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB
KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).
Improved Market Sentiment Lifts Ringgit At Opening
KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.
Bursa Malaysia Gains At Opening On Renewed Buying In Technology Stocks
KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.
Karamjit Singh And The Changing Face Of Malaysian Rallying
By Siti Radziah Hamzah
KUALA LUMPUR, June 14 (Bernama) -- More than two decades after becoming the first Asian driver to win the FIA Production World Rally Championship (PWRC) title, Karamjit Singh is still doing what he loves most - racing.
Malaysia Weathers 100 Days Of Global Energy Crisis, Supplies Remain Stable
PUTRAJAYA, June 14 (Bernama) -- Malaysia remains in a relatively strong position with sufficient supplies of fuel, food and essential medicines, thanks to early intervention and coordinated crisis management efforts, says Prime Minister's Economic Adviser Nurhisham Hussein.