Gold Futures Track COMEX To Close Lower
KUALA LUMPUR, July 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking losses on the US Commodity Exchange (COMEX).
| LATEST NEWS | TH’s financial problems could have been contained earlier if BNM warnings since 2014 had been properly addressed - Zulkifli | The government will not interfere or protect anyone; prosecution decisions rest entirely with the public prosecutor - MOF | The government stressed that TH’s losses resulting from financial and investment mismanagement before 2018 did not disappear - MOF | The government emphasises that TH depositors' savings are safe - MoF | Proposal to set up multi-agency task force to probe potentially loss-making TH investments being studied - Zulkifli | |
KUALA LUMPUR, July 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking losses on the US Commodity Exchange (COMEX).
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.
JOHOR BAHRU, July 28 (Bernama) -- Taiwan’s Delta Electronics Inc, a power management and smart green solutions company, is strengthening its presence in Malaysia with the opening of a new office in Johor Bahru, located at the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri.
KUALA LUMPUR, July 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Tuesday, mirroring the cash market.
KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
KUALA LUMPUR, July 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q 2026) rose to RM155.01 million from RM112.11 million a year earlier, underpinned by broad-based topline growth, effective cost management and improved efficiencies across the value chain.
PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).
PUTRAJAYA, July 28 (Bernama) -- The Organisation for Economic Co-operation and Development (OECD) has forecast Malaysia’s economy to record solid growth of around five per cent on average this year and in 2027 despite global uncertainties.
PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia’s (BNM) supervisory framework should evolve to become more collaborative and consultative with the financial industry, including greater use of regulatory sandboxes, said former BNM deputy governor Datuk Ooi Sang Kuang.
KUALA LUMPUR, July 28 (Bernama) -- Penang, Johor, Selangor, Sarawak, and Kuala Lumpur dominated Malaysia’s exports, accounting for 89.6 per cent of June 2026 total exports, according to the Department of Statistics Malaysia (DoSM).