Gold Futures End Lower On US Higher-for-longer Rate Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed by concerns that US interest rates could remain higher for longer despite softer-than-expected inflation data.

Ringgit Closes Almost Unchanged Vs US Dollar Ahead Of 2Q 2026 GDP Announcement Tomorrow

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit closed almost unchanged against the US dollar ahead of Malaysia’s gross domestic product (GDP) announcement for the second quarter tomorrow, as investors adopted a wait-and-see approach after US inflation data came in within expectations, supporting the greenback.

Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.

Rubber Market Ends Lower On Softer Oil Prices, Firmer Ringgit

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 13 (Bernama) -- The rubber market ended lower on Thursday, pressured by lower crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.

Northern Trust Expands Fund Administration Mandate With First Sentier In Singapore

KUALA LUMPUR, Aug 13 (Bernama) -- Northern Trust has expanded its relationship with First Sentier Group after being appointed fund administrator for First Sentier Investors Global Growth Funds, a Singapore unit trust offering.

R2G 2026 Southern Connects Johor Businesses With Technology, Investment, Commercialisation Opportunities

KULAI, Aug 13 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) continues its nationwide outreach through the Road to Growth (R2G) 2026 Southern event, aimed at connecting Johor businesses with technology commercialisation, investment and market opportunities.

Gold Futures End Higher On Global Fiscal Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, against a broader backdrop of global fiscal concerns, rising government debt burdens and persistent questions over the long-term credibility of sovereign balance sheets.

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.