| LATEST NEWS | Saifuddin Nasution to temporarily assume duties of PKR deputy president - Fahmi | PKR Central Leadership Council agree to grant Nurul Izzah temporary leave of absence as PKR Deputy President, effective after upcoming 2026 National Congress - Fahmi | Government initiates expiry review of anti-dumping duties on imports of prepainted, painted or colour-coated steel coils from China and Vietnam - MITI | Southern Score Builders Bhd's 51 pct-owned subsidiary SJEE Engineering has secured subcontract works for a data centre project worth of RM146.5 mln | KL20 2026 will be held in Penang, Johor and Kuala Lumpur, supported by key strategic partners - Akmal Nasir | |
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday as gains in rival soybean oil and bargain hunting lifted market sentiment, said CGS International Futures Malaysia Sdn Bhd.
By Samantha Tan Chiew Tieng
PUTRAJAYA, Aug 5 (Bernama) -- Malaysia needs to focus on developing high-value technologies (tech), components, and services to strengthen its position in the global space economy’s supply chain and reap the economic benefits of the sector, said Malaysian Space Agency (MYSA) director-general Datuk Azlikamil Napiah.
KUALA LUMPUR, Aug 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the higher gold prices in the US Commodity Exchange (COMEX).
NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.
KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia can become one of the world’s 30 largest economies if its annual nominal gross domestic product (GDP) growth outpaces that of other countries by at least two percentage points, according to Tan Sri Abdul Wahid Omar.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.
KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.
KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.
KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)
KUALA LUMPUR, Aug 5 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, reported a net loss of US$115.2 million for the fiscal second quarter ended June 30, 2026 (Q2 2026), compared with a net loss of US$2.9 million a year earlier, mainly due to a non-cash accounting charge related to warrant liabilities. (US$1 = RM4.09)
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by improving vehicle demand prospects, positive developments in the electric vehicle (EV) sector and relatively stable economic conditions in the United States (US), said a dealer.
