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MCE Auto Hub To Advance Higher-Value Automotive Manufacturing In Malaysia

SERENDAH, July 7 (Bernama) -- MCE Holdings Bhd expects its newly launched MCE Auto Hub here to accelerate Malaysia’s transition towards higher-value automotive manufacturing by strengthening local capabilities in the design, engineering and production of advanced automotive electronics.

Bursa Malaysia Ends Marginally Lower On Mild Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.

APAC Offshore Spending Remains Stable Post-West Asia Conflict

By Siti Radziah Hamzah

KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.

Proxima Fusion Secures 411 Mln Euros To Advance Fusion Power

KUALA LUMPUR, July 7 (Bernama) -- Proxima Fusion has raised 411 million euros (US$468 million) in a financing round, valuing the company at 2.4 billion euros (US$2.7 billion) and making it Europe's best-funded fusion energy company. (US$1=RM4.08)

Aztiq Promotes Three Executives To Partner

KUALA LUMPUR, July 7 (Bernama) -- Aztiq, an investment company, has promoted David Olafsson, Danny Major and Eunsun Choi to Partner, recognising their significant contributions to the company's growth, investment activities and long-term value creation across the healthcare ecosystem.

Opex Savings To Drive CelcomDigi's Earnings Growth In FY2027 - RHB IB

KUALA LUMPUR, July 7 (Bernama) -- Stronger realisation of operating expenditure (opex) savings is expected to drive CelcomDigi Bhd's earnings growth of 18.4 per cent in the financial year ending 2027 (FY2027), as integration synergies gain momentum after the completion of its information technology (IT) platform upgrade.

Strong El Nino To Keep CPO Prices Elevated Through 2H 2026, Peak In 1H 2027 - Kenanga IB

KUALA LUMPUR, July 7 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the second half of 2026 (2H 2026) and peak in the first half of 2027 (1H 2027), driven by a very strong El Nino expected to hit Southeast Asia later this year.

Jensen Hughes Acquires HiLT To Expand Southeast Asia Presence 

KUALA LUMPUR, July 7 (Bernama) -- Jensen Hughes has acquired Singapore-based HiLT Pte Ltd (HiLT), strengthening its presence in the Asia-Pacific (APAC) region and expanding its fire protection engineering capabilities across key sectors.

AIA Infinite Meets Growing High-Net-Worth Demand For Integrated Wealth Solutions

By K. Naveen Prabu

KUALA LUMPUR, July 7 (Bernama) -- AIA Malaysia is strengthening its presence in the high-net-worth (HNW) segment through AIA Infinite, which supports wealth preservation, legacy planning and multi-generational financial continuity as clients navigate an increasingly complex and globalised financial environment.

Indonesia Targets US$5.8 Bln Green Investment Through Carbon Market

By Nik Nurfaqih Nik Wil

JAKARTA, July 6 (Bernama) -- Indonesia's Carbon Economic Value (NEK) instrument is projected to attract up to US$5.8 billion (US$1=RM4.08) in green investment while reducing greenhouse gas emissions by an estimated 570 million tonnes of carbon dioxide (CO2) equivalent.

RHB IB Projects Malaysia's 2026 GDP Growth At 4.7 Pct 

KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Ends Higher Lifted By Banking, Plantation Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.