4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 15 (Bernama) -- The government intends to implement a comprehensive approach involving all ministries and agencies to help the semiconductor sector develop more local technology and to strengthen cooperation with other countries, said Deputy Finance Minister Liew Chin Tong.
4d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained lower at midday due to continuous profit-taking after hitting a four-day high.
4d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained in negative territory at mid-morning as profit-taking in heavyweight stocks, particularly plantation counters, kept the benchmark index lower despite a partial recovery from its earlier losses.
4d ago
KUALA LUMPUR, Oct 15 (Bernama) -- BYD Malaysia Sdn Bhd has appointed Inokom Corporation Sdn Bhd, a Sime Motors subsidiary based in Kulim, Kedah, as its local assembly partner for completely knocked-down (CKD) vehicles.
4d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).
4d ago
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.
4d ago
By Muhammaf Fawwaz Thaqif Nor Afandi and Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as stronger-than-expected US inflation data bolstered expectations of a possible interest rate increase by the US Federal Reserve (Fed), lending support to the greenback.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.
5d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Amova Asset Management Co Ltd (Amova AM) plans to offer global investment products tailored to Malaysian clients, complementing those offered by AHAM Asset Management Bhd (AHAM Capital).
5d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- The expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents is expected to provide a more accurate representation of Malaysia’s domestic economy.
5d ago
KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).