Bursa Malaysia Turns Marginally Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia turned marginally lower at midday today as mild profit-taking emerged in the late morning session, dampening market sentiment.

Future Of Finance To Be Defined By Trust, Not Technology -- BNM Governor

KUALA LUMPUR, July 8 (Bernama) -- The future of finance will not be defined by the speed or sophistication of technology, but by whether it strengthens trust, broadens opportunity and serves society well.

Future Of Finance Requires Human-AI Balance -- Amir Hamzah

KUALA LUMPUR, July 8 (Bernama) -- As artificial intelligence (AI) becomes more embedded in finance, the future of the industry will need to combine human judgment with machine intelligence, guided by ethical leadership, accountability and a culture of responsible innovation.

BNM To Keep OPR At 2.75 Pct On Contained Inflation, Growth -- Kenanga IB

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).

HLIB Raises 2026, 2027 Average CPO Price Forecast To RM4,450, RM4,300 Per Tonne

KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.

Bursa Malaysia Opens Higher, Outperforms Regional Peers

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday, outperforming the weaker overnight performance on Wall Street and mixed trading across regional markets.

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Wednesday as demand for the greenback strengthened amid escalating geopolitical tensions in West Asia.

Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Ringgit Ends Higher On Weaker Greenback, Firmer Oil

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.

BNM To Keep OPR Unchanged At 2.75 Pct -- Economists

By Karina Imran

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.

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.