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Bursa Malaysia To Trade Cautiously Next Week Amid FOMC Cues, West Asia Developments

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as investors continue to monitor developments in West Asia, crude oil prices and cues from the upcoming US Federal Open Market Committee (FOMC) meeting on interest rate outlook, an analyst said.

Ringgit Seen Trading At RM4.08-RM4.10 Against US Dollar Next Week Ahead Of Fed Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.

Bursa Malaysia Reprimands Meridian, Fines Executive Director Over Late Annual Reports

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and its executive director, Tang Boon Koon, for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR), while Tang was also fined RM8,500.

Lagenda Lodges RM1.5 Bln Sukuk Wakalah Programme With SC To Fund Housing Developments

KUALA LUMPUR, July 24 (Bernama) -- Lagenda Properties Bhd's (Lagenda) wholly owned subsidiary, Lagenda Capital Bhd has today made a lodgement with the Securities Commission Malaysia (SC) for the establishment of an Islamic medium term notes (sukuk wakalah) programme of RM1.5 billion on the shariah principle of wakalah bi al-istithmar (sukuk wakalah programme).

Ringgit Ends Slightly Lower Against Greenback Amid West Asia Tensions, US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.

MITI To Continue To Engage With US As 10 Pct Forced Labour-Related Tariff On Malaysia Takes Effect

KUALA LUMPUR, July 24 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to engage with the United States over the 10 per cent forced labour-related tariff imposed on Malaysian exports effective today.

Bursa Malaysia Retreats As Market Digests Latest US Tariffs

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.

SMEs Should Diversify Export Markets As US Tariff Takes Effect - SAMENTA

KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.

Learning Tree International Expands ServiceNow Training Offerings

KUALA LUMPUR, July 24 (Bernama) -- Learning Tree International, a global leader in workforce transformation, has become a ServiceNow Authorised Training Partner, expanding its capabilities to help organisations build the skills needed to maximise returns on their ServiceNow platform investments.

Shanxi, Malaysia Boost Economic, Cultural Tourism Ties 

KUALA LUMPUR, July 24 (Bernama) -- China’s Shanxi Province and Malaysia have strengthened cooperation in economic, trade, and cultural tourism sectors following an exchange conference held in Kuala Lumpur on July 21.

Strong Domestic Fundamentals Cap Rise In Malaysian Bond Yields Despite Global Headwinds -- Kenanga IB

KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.

Govt To Continue Tariff Talks With US Over Forced Labour Issue -- PM Anwar

PORT DICKSON, July 24 (Bernama) --  Prime Minister Datuk Seri Anwar Ibrahim said the government will continue negotiations with the United States over the new tariffs imposed on Malaysia related to the forced labour issue if the outcome remains unsatisfactory.