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Bursa Malaysia Likely To Trade Within Narrow Band Next Week Ahead Of Key Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- Bursa Malaysia is expected to trade within a narrow band next week as investors navigate a packed calendar ahead of key economic data releases amid persistent geopolitical uncertainty.

CPO Futures End Lower On Rising Stocks, Weak export Performance

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday, weighed down by concerns over rising stock levels in the country, weaker-than-expected export performance and lower crude oil and soybean oil prices.

Gold Futures Close Lower In Line With Weaker COMEX Gold

KUALA LUMPUR, July 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday, tracking weaker COMEX gold prices amid expectations that the US Federal Reserve will keep interest rates elevated.

KLCI Futures Close Higher

KUALA LUMPUR, July 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Friday.

Ringgit Ends Firmer As Safe Haven Demand For US Dollar Fades

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.

Bursa Malaysia Closes Higher On Rebound In Financial Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia closed higher on Friday, supported by a strong rebound in financial services stocks that lifted the overall market sentiment, in line with gains across regional markets.

Work Now Travels With Business Travellers, Holafly Research Finds

KUALA LUMPUR, July 10 (Bernama) -- Holafly for Business's latest research revealed that business travellers are increasingly carrying their work environment wherever they go, as modern business trips differ significantly from those around which most companies designed their travel policies.

Global Sourcing Programme Generates RM325.9 Mln In Export Sales For Local Aerospace Firms - MATRADE

KUALA LUMPUR, July 10 (Bernama) -- The Malaysia External Trade Development Corporation’s (MATRADE) Global Sourcing Programme (GSP) has generated RM325.95 million in export sales for Malaysian aerospace companies. 

Vietjet Introduces Vietnam Halal Connect To Support Muslim Travel

KUALA LUMPUR, July 10 (Bernama) -- Vietjet has introduced Vietnam Halal Connect, a proposed initiative to foster closer collaboration among airlines, airports, tourism businesses, halal certification bodies and technology partners in support of Muslim travel to Vietnam.

AM Best Assigns Excellent Ratings To China Ping An Insurance (Hong Kong)

KUALA LUMPUR, July 10 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to China Ping An Insurance (Hong Kong) Company Limited (CPAHK).

DEWA Launches International Arm To Expand Global Energy And Water Projects

KUALA LUMPUR, July 10 (Bernama) -- Dubai Electricity and Water Authority (DEWA) has announced the establishment of DEWA International, its wholly owned independent subsidiary, to develop conventional and clean energy projects worldwide and export Dubai’s successful energy and water infrastructure model to global markets.

AirAsia, TAT Strengthen Partnership To Boost Thailand Tourism

KUALA LUMPUR, July 10 (Bernama) -- Air Asia Group Bhd and the Tourism Authority of Thailand (TAT) have strengthened their long-standing partnership through the signing of a memorandum of understanding (MoU) to jointly promote Thailand as one of the region’s leading travel destinations.