Gold Futures Track COMEX To Close Lower

KUALA LUMPUR, July 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking losses on the US Commodity Exchange (COMEX).

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, July 28 (Bernama) -- The ringgit closed higher against most major currencies but eased against the greenback on Tuesday amid cautious investor sentiment ahead of the US Federal Reserve’s (Fed) interest rate decision later this week.

KLCI Futures Close Lower In Line With Cash Market

KUALA LUMPUR, July 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Tuesday, mirroring the cash market. 

Bursa Malaysia Ends Slightly Lower On Caution Ahead of Fed Meeting, Tech Earnings

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.

Univar Solutions Acquires Interpur Chemicals To Expand EMEA Reach

KUALA LUMPUR, July 28 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired Interpur Chemicals, a distributor of polyurethanes and powder coatings in Europe, expanding its Performance Materials business and regional capabilities across Europe, the Middle East, and Africa (EMEA).

Rubber Market Ends Mixed On Weaker Crude Oil Prices, US-China Trade Tensions

By K. Naveen Prabu

KUALA LUMPUR, July 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, tracking weaker crude oil prices, a dealer said.

Chery Auto Surpasses 20 Million Global Sales

KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.

United Asiapac Energy Launches IPO At 35 Sen A Share

KUALA LUMPUR, July 28 (Bernama) -- Oil and gas services firm United Asiapac Energy Bhd has launched its initial public offering (IPO) at an issue price of 35 sen per share, with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for Aug 19.

Mi Equipment To Expand Advanced Packaging R&D, Manufacturing Capacity In Penang

GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.

Malaysia Needs Fresh Reform Momentum To Strengthen Fiscal Sustainability, Boost Productivity — OECD

PUTRAJAYA, July 28 (Bernama) -- Malaysia needs fresh reform momentum to strengthen fiscal sustainability, boost productivity and improve education to sustain strong and resilient economic growth, according to the Organisation for Economic Co-operation and Development (OECD).

Bursa Malaysia Stays Lower At Midday With Regional Tech Stock Sell-Off

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.

Korean Air Eyes Malaysia Expansion, Enhanced Connectivity After Asiana Integration – Regional Manager

KUALA LUMPUR, July 28 (Bernama) -- The planned integration between Korean Air and Asiana Airlines, a South Korean airline headquartered in Seoul, is expected to enhance network connectivity for Malaysian passengers transiting through Korean Air’s dedicated Terminal 2 at Seoul International Airport.