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KUALA LUMPUR, July 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives Gold closed lower on Monday as investors took profits amid a stronger US dollar ahead of the release of the US Federal Reserve's June meeting minutes later this week.
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.
By Niam Seet Wei
KUALA LUMPUR, July 5 (Bernama) -- Tomei Consolidated Bhd hopes the government will exempt imported stamped gold bars from the 10 per cent import duty to keep gold investment affordable for ordinary Malaysians.
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.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 4 (Bernama) -- The ringgit is expected to trade between RM4.05 and RM4.07 against the US dollar next week, with market attention likely to centre on the United States Federal Open Market Committee (FOMC) minutes and Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its losses to close lower on Friday, weighed by concerns over rising production and expectations of higher stock levels.
KUALA LUMPUR, July 3 (Bernama) -- Rohas Tecnic Bhd’s 86.8 per cent-owned unit, HG Power Transmission Sdn Bhd (HPGT), has received confirmation from the Malaysian Anti-Corruption Commission (MACC) that its investigation involving the company has been concluded, with no further action to be taken against the company or its officers.
KUALA LUMPUR, July 3 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Friday, supported by gains across regional rubber futures markets amid concerns over potential supply disruptions following heavy rain in Thailand and tropical storm warnings, a dealer said.
KUALA LUMPUR, July 3 (Bernama) -- Mesiniaga Bhd has been awarded a contract worth RM39.99 million to set up a new centralised server infrastructure for the pharmacy information system (PhIS) version 3.0 from Pharmaniaga Logistics Sdn Bhd.
PUTRAJAYA, July 3 (Bernama) -- The Netherlands Food and Consumer Product Safety Authority’s (NVWA) recognition of the Malaysian Sustainable Palm Oil (MSPO) certification as a Private Control System under the European Union Deforestation Regulation (EUDR) framework reinforces the readiness of the nation's palm oil industry to meet the European Union market requirements.
KUALA LUMPUR, July 3 (Bernama) -- Elsa Bhd’s wholly-owned subsidiary Elsa Energy Sdn Bhd has accepted letters of award from a major exploration and production company to provide autonomous underwater vehicle (AUV) subsea structure inspection services for Peninsular Malaysia, Sabah and Sarawak.
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened firmer against the US dollar on Friday after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a more cautious approach to interest rates.
