Bursa Malaysia Opens Higher, Tracking Regional Gains

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia opened higher on Monday, in line with the positive performance in some regional markets.

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.

Getting Nuclear Power Into Energy Mix Inevitable, Malaysia Lays The Groundwork

By Arul Rajoo Durar Raj and Nor Baizura Basri

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.

BNM Holds OPR At 2.75 Pct As Growth Resilient, Inflation Contained

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent.

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

KLCI Futures Seen Trading Firmer Next Week

KUALA LUMPUR, Sept 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade firmer next week, in line with expectations of the positive momentum in the underlying cash market.

Rubber Trade Range-Bound With Slightly Lower Bias Next Week Amid Oil Price, Geopolitical Uncertainty

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- The Kuala Lumpur rubber market is expected to remain range-bound with a slightly lower bias next week, as supply and demand remain largely in equilibrium amid volatile crude oil prices and uncertainty arising from geopolitical tensions.

Gold Futures Likely To See Profit-Taking Ahead Of US Inflation Data

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to see some profit-taking early next week ahead of the release of key United States inflation data, said Quintex Intel global strategist Stephen Innes.

Ringgit, Regional Currencies Seen Under Pressure Next Week As Strong US Jobs Data Bolsters Greenback

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- The ringgit and other regional currencies are expected to come under pressure next week, with the local currency seen trading between RM4.04 and RM4.06 against the US dollar.

Bursa Malaysia Expected To Trade With A Positive Bias Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is expected to trade with a positive bias next week, underpinned by resilient domestic fundamentals and improving regional sentiment.

MBSB Bank Allocates RM78 Mln Financing For Kedah Water Infrastructure Solar Projects

BALING, Sept 3 (Bernama) -- MBSB Bank Bhd has allocated RM78 million in Shariah-compliant financing to support the implementation of solar energy projects at 32 facilities owned by Syarikat Air Darul Aman (SADA) throughout Kedah.