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Gold Futures Close Lower On Stronger Us Dollar

KUALA LUMPUR, July 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, tracking losses in COMEX gold as the stronger US dollar outweighed the precious metal’s safe-haven appeal amid renewed geopolitical tension in West Asia. 

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst. 

MADANI Govt Continues Working With BNM, Banking Industry To Ensure Financial System Remains Stable

KUALA LUMPUR, July 8 (Bernama) -- The MADANI government will continue to work closely with Bank Negara Malaysia (BNM) and the banking industry to ensure the country’s financial system remains stable, inclusive, and people-centred.

Rubber Market Ends Mixed, Tracking Regional Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 8 (Bernama) -- The Kuala Lumpur rubber market closed mixed today, tracking regional rubber futures markets amid concerns over temporary supply disruptions in Thailand and a weaker ringgit against the US dollar.

Record Unveils Sharia-Compliant Investment Platform

KUALA LUMPUR, July 8 (Bernama) -- Record Asset Management GmbH (RAM), a subsidiary of London-listed Record Financial Group plc (Record), has launched Record Amanah, a platform offering Sharia-compliant investment solutions to institutional investors, as it expands its private markets business.

Malaysia Strengthens Healthcare Trade Ties With Thailand At WHX Bangkok 2026

By Kenny Teng Khoon Hock

BANGKOK, July 8 (Bernama) -- Malaysia is strengthening its economic partnership with Thailand through its participation in the World Health Expo (WHX) Bangkok 2026, aimed at expanding bilateral cooperation in the healthcare and life sciences sectors.

EIG's MidOcean Secures US$1.13 Bln Investment From Private Department

KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)

IILM's Outstanding Sukuk Portfolio Hits Record US$7.2 Bln

KUALA LUMPUR, July 8 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.2 billion, following a US$1.28 billion issuance and reissuance exercise (US$1=RM4.07).

GB Bond Receives Bursa Malaysia Approval For ACE Market Listing

KUALA LUMPUR, July 8 (Bernama) -- GB Bond Holdings Bhd, a Penang-based manufacturer of water-based industrial adhesives, emulsion polymers and sealants, has obtained Bursa Malaysia Securities Bhd's approval for its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia.

Oppo Unveils Reno16 Series With AI-Powered Photography

PUTRAJAYA, July 8 (Bernama) -- OPPO today launched the Reno16 Series in Malaysia, with the introduction of a new smartphone lineup featuring artificial intelligence (AI)-powered photography, creative editing tools and a refreshed design aimed at enhancing content creation for users.

Govt To Streamline Policies, Incentives To Accelerate EV Ecosystem -- Sim

KUALA LUMPUR, July 8 (Bernama) -- The government is streamlining policies and incentives to accelerate the development of the electric vehicle (EV) ecosystem, including expanding charging facilities nationwide, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Anaqua Renews IP Management Partnership With Sony

KUALA LUMPUR, July 8 (Bernama) -- Anaqua has renewed its partnership with Sony Group Corporation (Sony) to continue providing intellectual property (IP) management technology and services, supporting the Japanese company's efforts to strengthen IP as a driver of business strategy, innovation and global growth.