Future Of Finance To Be Defined By Trust, Not Technology -- BNM Governor

KUALA LUMPUR, July 8 (Bernama) -- The future of finance will not be defined by the speed or sophistication of technology, but by whether it strengthens trust, broadens opportunity and serves society well.

BNM To Keep OPR At 2.75 Pct On Contained Inflation, Growth -- Kenanga IB

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).

Bursa Malaysia Opens Higher, Outperforms Regional Peers

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday, outperforming the weaker overnight performance on Wall Street and mixed trading across regional markets.

KLCI Futures Open Mixed

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

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Wednesday as demand for the greenback strengthened amid escalating geopolitical tensions in West Asia.

CPO Futures Pare Gains, Close Mixed On Cautious Sentiment Ahead Of MPOB Data

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mixed on Tuesday on caution ahead of the release of the Malaysian Palm Oil Board's (MPOB) monthly data at the end of the week.

Gold Futures Track COMEX Losses Ahead Of FOMC Minutes

KUALA LUMPUR, July 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, mirroring losses in COMEX gold, as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes on Wednesday.

Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Ringgit Ends Higher On Weaker Greenback, Firmer Oil

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.

KLCI Futures Finish Lower

KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today, tracking the softer underlying cash market. 

BNM To Keep OPR Unchanged At 2.75 Pct -- Economists

By Karina Imran

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.

Govt Revamping NCM Scheme For Automotive Industry, Targets Implementation Next Year

SERENDAH, July 7 (Bernama) --  The government is revamping the New Customised Incentive Mechanism (NCM) for the automotive industry, intending to implement it next year after completing consultations with the relevant ministries, agencies, and industry players.