Ringgit Opens Slightly Firmer Against Greenback As US Rate Concerns Ease

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Electricity Consumption Of Data Centres Expected To Surge To 31 Pct By 2035

KUALA LUMPUR, July 1 (Bernama) --  Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.

Regional Rubber Futures Losses Weigh On Kuala Lumpur Rubber Market

KUALA LUMPUR, July 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday, tracking losses in regional rubber futures markets, a dealer said.

Petroleum Product subsidies Expected To Reach RM40 Bln This Year - MOF

KUALA LUMPUR, July 1 (Bernama) -- The government is expected to bear almost RM40 billion in petroleum product subsidies this year as a result of the increase in global oil prices following the West Asia conflicts, according to the Ministry of Finance (MOF).

AGC Biologics, Pyramid Pharma Services To Provide Integrated Manufacturing Solution

KUALA LUMPUR, July 1 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has partnered with Pyramid Pharma Services to provide an integrated United States (US)-based manufacturing solution for drug developers.

JS-SEZ To Benefit From Collaboration With Italy, European Partners - Akmal Nasrullah

KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.

SemiconStart Marks Implementation Phase Of Malaysia's Semiconductor Drive -- Amir Hamzah

KUALA LUMPUR, July 1 (Bernama) -- Malaysia's drive to strengthen its semiconductor ecosystem has moved into the implementation stage with the launch of SemiconStart Malaysia, signalling the government's focus on translating plans into tangible industry outcomes.

PAAB Launches Malaysia's First Sustainable Islamic Finance Framework Featuring Blue Finance, Advancing Water Security

KUALA LUMPUR, June 30 (Bernama) -- Pengurusan Aset Air Bhd (PAAB), a wholly owned company of the Minister of Finance (Incorporated), today launched its Sustainable Islamic Finance Framework, marking three national milestones.

WTO Must Adapt To Current International Economic Realities — Johari Ghani

KUALA LUMPUR, June 30 (Bernama) -- The World Trade Organization (WTO) must adapt to the realities of today’s international economy to remain relevant amid intensifying competition and evolving global trade dynamics, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Global Air Passenger Demand Down 2.2 Pct In May 2026

KUALA LUMPUR, June 30 (Bernama) -- Total air passenger demand, measured in revenue passenger kilometres (RPK), declined 2.2 per cent year-on-year (y-o-y) in May 2026, according to the International Air Transport Association (IATA).

Toshiba Unveils 80V N-Channel Power MOSFET For AI Data Centres

KUALA LUMPUR, June 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched “TPM1R408RH”, an 80-volt (V) N-channel power MOSFET fabricated using U-MOS11-H, its latest-generation process.