PSP Energy's Unit Secures Sinopec Lubricant Distributorship Deal

KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.

Ringgit Closes Mostly Higher Regionally, Unchanged Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 30 (Bernama) -- The ringgit closed mostly higher against regional currencies and was flat against the US dollar on Thursday, following the latest US Federal Open Market Committee (FOMC) decision to stand pat.

Bursa Malaysia's Key Index Ends At Intraday High

By Zufazlin Baharuddin

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's decision to stand pat on interest rates weighed on broader sentiment.

Rubber Market Ends Mixed Amid Supply Concerns, Fed's Rate Decision

By K. Naveen Prabu

KUALA LUMPUR, July 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, supported by concerns over possible supply disruptions in major producer Thailand due to adverse weather forecast, a dealer said.

Parliament To Hold Special Sitting On TH RCI Report Aug 11 -- Anwar

KUALA LUMPUR, July 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said a special parliamentary sitting to debate the findings of the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) will be held on Aug 11.

Malaysian MSMEs Ready To Tap ASEAN's 680-mln-consumer Market Under DEFA: Sim

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's micro, small and medium enterprises (MSMEs) are well positioned to tap ASEAN's 680-million-consumer market under the proposed Digital Economy Framework Agreement (DEFA), supported by their high level of digital adoption, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.

Malaysia’s F1 Return Could Fuel Over RM1 Billion Economic Activity

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix 2026 (Bahrain GP) could serve as a major economic catalyst by stimulating multiple sectors through higher expenditure by domestic and international visitors.

Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.

ASEAN Needs Massive Capital, Stronger Partnerships To Accelerate Energy Transition -- Anwar

PETALING JAYA, July 29 (Bernama) -- ASEAN requires massive, sustained and structured capital to build solar farms, upgrade grids, install battery storage, and upskill workers, as national governments cannot bear this burden alone, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Edges Higher Against US Dollar As Investors Await FOMC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, July 29 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee’s (FOMC) meeting.

Rubber Market Ends Lower On Improving Raw Material Supply In Thailand

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday as improving raw material supply in Thailand weighed on market sentiment, a dealer said.

Bursa Malaysia's Key Index Slightly Higher At Midday

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia’s key index was slightly higher at midday, with buying interspersed with selling in selected heavyweights amid a mostly weaker regional performance.