Ringgit Ends Lower As Investors Return To US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.

Helical Fusion, Hazama Ando Partner On Fusion Pilot Plant

KUALA LUMPUR, July 6 (Bernama) -- Helical Fusion Co Ltd (Helical Fusion) and Hazama Ando Corporation (Hazama Ando) have signed a memorandum of understanding (MoU) to collaborate on the future construction of Helix KANATA, Helical Fusion’s fusion pilot plant targeted for the 2030s.

Rubber Market Closes Mixed, Supported By Regional Futures Gains

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 6 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Monday, supported by gains in regional rubber futures markets and expectations of a new tyre plant in Selangor.

AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a human resources (HR) technology, payroll, compliance, and workforce solutions provider, has acquired OS HRS to expand its regional payroll capabilities across countries, enhancing support for multinational enterprises across the Asia-Pacific (APAC) and the Middle East.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.

Ringgit Opens Flat Against Greenback As Traders Reassess US Rate Hike Prospects

KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.

FMM Calls For Balanced US Approach To Proposed Section 301 Tariff Action

KUALA LUMPUR, July 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) has urged the United States (US) to adopt a balanced approach to its proposed Section 301 tariff action on imports linked to forced labour, cautioning that blanket duties could penalise compliant Malaysian manufacturers and disrupt established supply chains.

KLCI Futures Likely To Trade Within 1,670–1,690 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to remain cautiously positive next week, trading within the 1,670-1,690 points range, supported by bargain hunting, easing external pressures, and improving regional sentiment.

Rubber Market To Trade Sideways With Lower Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 4 (Bernama) -- The Kuala Lumpur rubber market is expected to trade sideways with a slight downward bias next week, weighed by geopolitical uncertainty surrounding the stalled United States (US)-Iran peace deal.

Bursa Malaysia Poised To Extend Uptrend, Eyes 1,700 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday's strong rebound and continued buying from local institutional investors.

SC Seeks Public Input On Proposals To Strengthen Corporate Governance Ecosystem

KUALA LUMPUR, July 3 (Bernama) -- The Securities Commission Malaysia (SC) has published a consultation paper seeking public feedback on proposals to further strengthen Malaysia’s corporate governance ecosystem.

Ringgit Ends Higher Against US Dollar On Favourable Asian Currency Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The ringgit ended higher against the US dollar at the close of the trading week, supported by favourable Asian currency sentiment following the latest United States Nonfarm Payrolls (NFP) data.