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Malaysia Eyes Russian Investors As It Expands Islamic Finance Ecosystem

KUALA LUMPUR, June 24 (Bernama) -- The government, in collaboration with the Securities Commission Malaysia (SC), remains committed to developing a comprehensive Islamic finance ecosystem to attract investors, particularly from Russia.

IATA Outlines Four Priorities To Tackle Aerospace Supply Chain Failures

KUALA LUMPUR, June 24 (Bernama) -- The International Air Transport Association (IATA) has identified four priorities to address persistent failures in the aerospace supply chain, namely enhancing supply chain visibility, opening up the aftermarket, unlocking the value of data, digitalisation and artificial intelligence (AI), as well as building human capacity.

CPO Extends Losses, Tracks Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, tracking weakness in the crude oil market.

FDI Inflows, Overseas Expansion Reflect Malaysia’s Growing Economic Strength – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s ability to attract strong foreign direct investment (FDI) while domestic companies continue expanding overseas underscores the country’s growing economic strength, competitiveness and investor confidence in the country’s long-term prospects, economists said.

Ringgit Extends Gains On Strong Malaysian Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.

Gold Futures Close Lower Ahead of US PCE Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Wednesday as investors remain cautious ahead of the United States Personal Consumption Expenditures (PCE) inflation data release tomorrow.

KLCI Futures Close Higher In Tandem With Cash Market Performance

KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today in tandem with the better cash market performance.

AEON Credit Fined RM520,000 For Failure To Comply With TFS Requirements - BNM

KUALA LUMPUR, June 24 (Bernama) -- AEON Credit Service (M) Bhd (AEON Credit) has been fined RM520,000 for failing to to comply with requirements relating to targeted financial sanctions (TFS). 

Kioxia Named Official Gaming SSD Provider For Asian Games, Asian Para Games 2026

KUALA LUMPUR, June 24 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has signed a partnership agreement with the Aichi-Nagoya Asian Games and Asian Para Games Organizing Committee to support the 20th Asian Games Aichi-Nagoya 2026 and the Fifth Asian Para Games Aichi-Nagoya 2026.

Bursa Malaysia Ends Higher As Bargain Hunters Return

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia finished higher on Wednesday as bargain-hunting activities emerged following recent pullback in the market, analysts said. 

Alderbuck Energy To Deploy Nexus Power Unit At San Diego Supercomputer Center

KUALA LUMPUR, June 24 (Bernama) -- Alderbuck Energy, a power conversion and intelligent energy management solutions developer, announced that its Nexus Power Unit (NPU) will be deployed at the San Diego Supercomputer Center (SDSC) at the University of California San Diego.

Rubber Market Ends Lower Amid Softer Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday amid softer crude oil prices and a mixed performance in regional rubber futures markets, a dealer said.