LATEST NEWS   F1: International Federation of Automobile (FIA) waives USD1 million initial registration fee for Malaysia to host F1 Grand Prix - PM Anwar | Peace and excellent record in hosting international programmes are factors in Malaysia being chosen to host F1 race - PM Anwar | Sultan Nazrin proposes Global Waqf Governance framework as common, voluntarily adoptable set of core principles that any waqf institution can use | Sultan Nazrin calls for wider adoption of digital cash-waqf platforms for transparency | The Statistics Bill 2026 is expected to be gazetted by end-2026, the Department of Statistics Malaysia will be renamed Department of Statistics when the act comes into force -- Akmal Nasrullah | 

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Gold Futures Close Lower On Stronger Us Dollar

KUALA LUMPUR, July 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, tracking losses in COMEX gold as the stronger US dollar outweighed the precious metal’s safe-haven appeal amid renewed geopolitical tension in West Asia. 

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst. 

KLCI Futures Close Lower

KUALA LUMPUR, July 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today.

Petronas Advances TriCipta AI Through Third JDA with IBM, Tridiagonal.AI

KUALA LUMPUR, July 8 (Bernama) -- Petronas Carigali Sdn Bhd has signed the third joint development agreement (JDA) with IBM Malaysia Sdn Bhd (IBM) and Tridiagonal.AI Pvt Ltd (T.AI) to advance its flagship TriCipta AI across the upstream value chain.

MADANI Govt Continues Working With BNM, Banking Industry To Ensure Financial System Remains Stable

KUALA LUMPUR, July 8 (Bernama) -- The MADANI government will continue to work closely with Bank Negara Malaysia (BNM) and the banking industry to ensure the country’s financial system remains stable, inclusive, and people-centred.

Rubber Market Ends Mixed, Tracking Regional Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 8 (Bernama) -- The Kuala Lumpur rubber market closed mixed today, tracking regional rubber futures markets amid concerns over temporary supply disruptions in Thailand and a weaker ringgit against the US dollar.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.

Record Unveils Sharia-Compliant Investment Platform

KUALA LUMPUR, July 8 (Bernama) -- Record Asset Management GmbH (RAM), a subsidiary of London-listed Record Financial Group plc (Record), has launched Record Amanah, a platform offering Sharia-compliant investment solutions to institutional investors, as it expands its private markets business.

Banks Must Move Beyond AI Adoption To Trusted Implementation -- AICB

KUALA LUMPUR, July 8 (Bernama) -- There is a need for banks to move beyond Artificial Intelligence (AI) adoption towards trusted implementation, backed by stronger governance, assurance, resilience and future-ready talent, said the Asian Institute of Chartered Bankers (AICB).

Malaysia Strengthens Healthcare Trade Ties With Thailand At WHX Bangkok 2026

By Kenny Teng Khoon Hock

BANGKOK, July 8 (Bernama) -- Malaysia is strengthening its economic partnership with Thailand through its participation in the World Health Expo (WHX) Bangkok 2026, aimed at expanding bilateral cooperation in the healthcare and life sciences sectors.

EIG's MidOcean Secures US$1.13 Bln Investment From Private Department

KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)

IILM's Outstanding Sukuk Portfolio Hits Record US$7.2 Bln

KUALA LUMPUR, July 8 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.2 billion, following a US$1.28 billion issuance and reissuance exercise (US$1=RM4.07).