Malaysia's US$1.5 Bln Global Sukuk 4.7 Times Oversubscribed, Record-Low Spread

PUTRAJAYA, July 24 (Bernama) -- Strong investor demand drove a 4.7 times oversubscription for Malaysia’s US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.

Brent Remains Slightly Above US$100 Per Barrel On Escalating US-Iran Conflict

KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.

Malaysia Faces 10 Pct Duty Under US’  New Section 301 Tariffs Over Forced Labour Import Rules

KUALA LUMPUR, July 24 (Bernama) -- Malaysia, among ASEAN countries, faces the lowest tariff of 10 per cent under the United States'  new Section 301 tariffs following failure to impose and effectively enforce forced labour import rules.

Bursa Malaysia Opens Lower Amid Cautious Market Sentiment

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened lower on Friday, with cautious sentiment expected to remain after Thursday's regional rally left Asian markets exposed to Wall Street's overnight pullback.

KLCI Futures Open Lower

KUALA LUMPUR, July 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives on Friday.

Ringgit Opens Higher Against Major Currencies, Softer Vs US Dollar

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.

IATA Appoints Saadia Zahidi As Its First Female Director General

KUALA LUMPUR, July 23 (Bernama) -- The International Air Transport Association (IATA) has appointed Pakistani-Swiss economist Saadia Zahidi as its ninth director general, making her the first female to hold the position.

Approved Japanese E&E Investments Reach RM10.5 Bln Between 2021 And 2025 - MITI

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.

KL Midtown Unveils Sustainable Office Towers, Expects More Tenants Next Year

KUALA LUMPUR, July 23 (Bernama) -- KL Midtown today unveiled its sustainable signature office towers for leasing and expects to attract more tenants next year.

CPO Futures End Higher On Stronger Crude Oil, Soybean Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, driven by stronger crude oil and soybean oil prices amid tensions in West Asia.

YNH Property Delays RM34 Mln In Interest-Like Payments On Its Perpetual Securities

KUALA LUMPUR, July 23 (Bernama) -- YNH Property Bhd has exercised its contractual right to defer approximately RM34.41 million in coupon payments and accrued obligations related to its two outstanding tranches of perpetual securities.

Gold Futures End Lower In Sync With COMEX

KUALA LUMPUR, July 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking weaker gold prices on the US Commodity Exchange (COMEX).