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KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.
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By Karina Imran
KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst.
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LABUAN, Aug 7 (Bernama) -- The 18-hole Labuan International Golf Club (LIGC), which has hosted Professional Golf of Malaysia (PGM) championships co-sanctioned by the Asian Development Tour (ADT), is among five strategic assets being offered by Labuan Corporation for lease and development.
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KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.
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By Samantha Tan Chiew Tieng
PUTRAJAYA, Aug 5 (Bernama) -- Malaysia needs to focus on developing high-value technologies (tech), components, and services to strengthen its position in the global space economy’s supply chain and reap the economic benefits of the sector, said Malaysian Space Agency (MYSA) director-general Datuk Azlikamil Napiah.
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KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Tuesday amid stronger soybean oil and crude oil prices, said a trader.
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KUALA LUMPUR, Aug 4 (Bernama) -- An economic and trade delegation from Hainan Province, China, recently concluded a five-day visit to Thailand and Indonesia, promoting Hainan Free Trade Port policies, key industrial parks and investment opportunities.
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KUALA LUMPUR, Aug 4 (Bernama) -- Global transportation company Federal Express Corporation (FedEx) has launched its new Guangzhou-Sydney service route that will strengthen trade connectivity into Australia from key markets across Asia, including Malaysia.
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KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.
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KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia eased further in line with regional markets at mid-morning amid the latest developments in the West Asia conflict.
At 11.01 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.94 point lower to 1,723.96 from last Friday’s close of 1,724.90.
The benchmark index opened 0.36 point higher at 1,725.26.
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KUALA LUMPUR, Aug 1 (Bernama) -- Riyadh Air has chosen Kuala Lumpur as its first destination in Southeast Asia with the launch of its inaugural three-times-weekly service between Riyadh and KL International Airport (KLIA), strengthening air connectivity between Malaysia and Saudi Arabia.