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KUALA LUMPUR, July 24 (Bernama) -- The ringgit opened higher against most major currencies on Friday but eased against the US dollar as markets turned risk-off, with crude oil prices continuing to climb and the Trump administration stepping up its trade protectionist policies.
KUALA LUMPUR, July 23 (Bernama) -- Approved Japanese investments in Malaysia's electrical and electronics (E&E) manufacturing sector totalled RM10.5 billion between 2021 and 2025, involving 46 projects that are expected to create 9,009 new jobs.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.
KUALA LUMPUR, July 23 (Bernama) -- KIP Real Estate Investment Trust's (KIP REIT) net profit rose to RM145.30 million in the financial year ended June 30, 2026 (FY2026) compared with RM115.14 million registered in the preceding year.
KUALA LUMPUR, July 23 (Bernama) -- Zecon Bhd's (Zecon) wholly-owned subsidiary, Zecon Renewables Sdn Bhd has been awarded a RM328 million engineering, procurement, construction and commissioning (EPCC) contract from fellow subsidiary Zecon Renewables (Sarawak) Sdn Bhd.
By Siti Radziah Hamzah
KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.
KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.
KUALA LUMPUR, July 23 (Bernama) -- Mongolian Mining Corporation reported stronger operational performance for the second quarter ended June 30, 2026, with washed coking coal production rising 29 per cent year-on-year to 2,814.1 thousand tonnes (kt).
KUALA LUMPUR, July 23 (Bernama) -- The strengthening of the ringgit to RM4.0905 on July 20, 2026, reflects strong economic fundamentals, supported by resilient export performance and a sustained trade surplus, according to the Ministry of Economy.
KUALA LUMPUR, July 23 (Bernama) -- The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) today signed a memorandum of understanding (MoU) to establish a practical framework to facilitate dual initial public offering (IPO) listings, including primary and secondary listings, mutual recognition of investment funds, and expanded cross-border investment opportunities.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia closed marginally higher at mid-day in subdued market sentiment, with buying interspersed with selling in selected heavyweight stocks, tracking gains in regional markets amid surging crude oil prices.
