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KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia rebounded to open higher on Monday as easing tensions in West Asia lifted market sentiment after the United States paused airstrikes over the weekend.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as investors continue to monitor developments in West Asia, crude oil prices and cues from the upcoming US Federal Open Market Committee (FOMC) meeting on interest rate outlook, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a slight bearish bias within a range of 1,690 to 1,720, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Friday, lifted by steady energy prices, gains in rival edible oils and expectations of tighter Indonesian supplies following the implementation of the B50 biodiesel mandate.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.
KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.
KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia traded lower at midday in subdued market sentiment, as investors were cautious due to escalating West Asia tensions ahead of the weekend.
KUALA LUMPUR, July 24 (Bernama) -- LEPAS, Chery Auto's mid-to-premium new energy vehicle (NEV) brand, has introduced the LEPAS L8 plug-in hybrid electric vehicle (PHEV) to global markets, combining advanced hybrid technology, intelligent driving features and its signature "Leopard Aesthetics" design philosophy.
