AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a human resources (HR) technology, payroll, compliance, and workforce solutions provider, has acquired OS HRS to expand its regional payroll capabilities across countries, enhancing support for multinational enterprises across the Asia-Pacific (APAC) and the Middle East.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.

JCAI Advises On Messer’s Acquisition Of WKS Group

KUALA LUMPUR, July 6 (Bernama) -- Japan Corporate Advisory Institute Ltd (JCAI), a Tokyo-headquartered cross-border mergers and acquisitions (M&A) advisory firm, has advised on the acquisition of WKS Group by Messer.

AscentHR Acquires OS HRS To Expand APAC Payroll Footprint

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a provider of human resources (HR) technology, payroll, compliance, and workforce solutions, has acquired OS HRS, a trusted Asia Pacific (APAC)-focused payroll outsourcing provider, to strengthen its payroll leadership in the region.

Ringgit Opens Flat Against Greenback As Traders Reassess US Rate Hike Prospects

KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.

KLCI Futures Likely To Trade Within 1,670–1,690 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to remain cautiously positive next week, trading within the 1,670-1,690 points range, supported by bargain hunting, easing external pressures, and improving regional sentiment.

Rubber Market To Trade Sideways With Lower Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 4 (Bernama) -- The Kuala Lumpur rubber market is expected to trade sideways with a slight downward bias next week, weighed by geopolitical uncertainty surrounding the stalled United States (US)-Iran peace deal.

Bursa Malaysia Poised To Extend Uptrend, Eyes 1,700 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday's strong rebound and continued buying from local institutional investors.

Ringgit Ends Higher Against US Dollar On Favourable Asian Currency Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The ringgit ended higher against the US dollar at the close of the trading week, supported by favourable Asian currency sentiment following the latest United States Nonfarm Payrolls (NFP) data.

Rebound In Banking Stocks Lifts Bursa Malaysia At Close

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended Friday’s trade with a bounce on the back of a rally in banking stocks as investor sentiment improved following softer-than-expected US labour market data.

Rubber Market Rebounds On Regional Futures Gains

KUALA LUMPUR, July 3 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Friday, supported by gains across regional rubber futures markets amid concerns over potential supply disruptions following heavy rain in Thailand and tropical storm warnings, a dealer said.

Guest Supply, HAAN Sign Licensing Deal For APAC Hotels

KUALA LUMPUR, July 3 (Bernama) -- Guest Supply Asia, part of Sysco Corporation, has announced a licensing agreement with HAAN, a personal care brand, to manufacture and distribute HAAN-branded personal care products for hotels across Asia Pacific (APAC).