Sarawak To Establish Sibu Economic Zone With RM1.5 Bln Allocation -- Abang Johari

SIBU, July 11 (Bernama) -- Sarawak will establish the Sibu Economic Zone (SEZ) with an allocation of RM1.5 billion to coordinate Sibu’s economic development in a more comprehensive and integrated manner, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Indonesia’s Creative Sector Leverages AI Solutions, Opens Doors For Selangor Collaboration

BANDUNG, July 11 (Bernama) -- The visit to Indonesia’s creative industry under the Selangor International Business Summit (SIBS)@ASEAN highlighted how artificial intelligence (AI) is becoming a supporting infrastructure for everyday life, as Selangor and Indonesia explore opportunities for collaboration and the deployment of AI solutions across industries.

CPO Futures Seen Trading With Bearish Bias Next Week Amid Weak External Cues

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.

Gold Futures Likely To Trade Higher Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week ahead of the release of the the United States Consumer Price Index (CPI) report next Tuesday, an analyst said.

KLCI Futures Likely To Trade Range-Bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade within a narrow range next week as investors monitor developments in West Asia and their potential impact on global markets.

Rubber Market Set To Trade With Downside Bias Next Week Amid West Asia Tensions, Weak Demand

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- The Kuala Lumpur rubber market is expected to trade cautiously with a downside bias next week amid escalating geopolitical tensions in West Asia, subdued demand and weather-related supply disruptions.

Ringgit Expected To Trade Within Narrow Range Against US Dollar Next Week

KUALA LUMPUR, July 11 (Bernama) -- The ringgit is expected to trade within a narrow range between RM4.05 and RM4.07 against the US dollar next week as investors await the release of the United States Consumer Price Index (CPI) report next Tuesday, which could set the tone for global financial markets, said analysts.

Bursa Malaysia Likely To Trade Within Narrow Band Next Week Ahead Of Key Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, July 11 (Bernama) -- Bursa Malaysia is expected to trade within a narrow band next week as investors navigate a packed calendar ahead of key economic data releases amid persistent geopolitical uncertainty.

CPO Futures End Lower On Rising Stocks, Weak export Performance

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday, weighed down by concerns over rising stock levels in the country, weaker-than-expected export performance and lower crude oil and soybean oil prices.

Gold Futures Close Lower In Line With Weaker COMEX Gold

KUALA LUMPUR, July 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday, tracking weaker COMEX gold prices amid expectations that the US Federal Reserve will keep interest rates elevated.

KLCI Futures Close Higher

KUALA LUMPUR, July 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Friday.

Ringgit Ends Firmer As Safe Haven Demand For US Dollar Fades

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 10 (Bernama) -- The ringgit ended the week on a stronger note against the US dollar on Friday, as safe-haven demand for the greenback faded.