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Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Airbus Confirms Cancellation Of Airasia X Order For 15 A330-900 Aircraft

By Kisho Kumari Sucedaram

KUALA LUMPUR, June 17 (Bernama) -- Airbus has confirmed that AirAsia X's order for 15 Airbus A330-900 aircraft has been cancelled by mutual agreement between the two parties.

MIGHT, UNIDO Launch Sustainable Cities Programme In Selangor

KUALA LUMPUR, June 16 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT), in collaboration with the United Nations Industrial Development Organisation (UNIDO), has launched the GEF-8 Sustainable Cities Integrated Programme (SCIP) in Selangor.

CPO Futures End Higher Amid Weather-related Supply Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today amid concerns over weather-related issues, a trader said.

Oil Prices To Retain US$5-US$10 Risk Premium Per Barrel Despite US-Iran MoU -- Rystad Energy

KUALA LUMPUR, June 16 (Bernama) -- Crude oil prices are expected to retain a residual geopolitical risk premium of between US$5 and US$10 per barrel despite the virtual signing of the United States (US)-Iran memorandum of understanding (MoU), said Rystad Energy.

Gold Futures Close Higher On Lower Oil Prices

KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.

KPJ Healthcare To Advance KPJ Health System, Expand AI Adoption In Healthcare

KUALA LUMPUR, June 16 (Bernama) -- KPJ Healthcare Bhd will continue advancing its KPJ Health System following its strong financial year 2025 (FY2025) performance.

Beshom Unit To Dispose Of Kapar Industrial Land For RM85.8 Mln

KUALA LUMPUR, June 16 (Bernama) -- Beshom Holdings Bhd’s wholly-owned subsidiary, Hai-O Enterprise Bhd, has entered into a sale and purchase agreement with JT Development Sdn Bhd for the proposed disposal of three plots of freehold industrial land for a cash consideration of RM85.80 million.

Scanwolf Secures RM75 Mln Substructure Project In KL

KUALA LUMPUR, June 16 (Bernama) -- Scanwolf Corporation Bhd (SCB) has secured a RM75 million contract for piling and substructure works related to a 74-storey mixed development project in Jalan Pavilion, Kuala Lumpur.

Banks Must Build Specialised SME Lending Capabilities – EBRD

By Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) --  Developing deeper capital markets and expanding financing access for underserved segments remain among the key challenges facing emerging Southeast Asian economies, according to the European Bank for Reconstruction and Development (EBRD).

Ringgit Closes Lower Against Greenback On BOJ Interest Rate Increase

By K. Naveen Prabu

KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates. 

IRDA, Taiwan's Taoyuan City Govt In Pact To Advance Industrial Collaboration

ISKANDAR PUTERI, June 16 (Bernama) -- The Iskandar Regional Development Authority (IRDA) has formalised a strategic partnership with Taoyuan City Government in Taiwan to promote industrial collaboration, strengthen talent development and enhance mutual economic competitiveness.