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Elsa To Grow Digital Technology, Robotics, Engineering Segments After Positive ACE Market Debut

KUALA LUMPUR, June 16 (Bernama) -- Integrated oil and gas services and equipment (OGSE) provider Elsa Bhd aims to accelerate its growth in the digital technology, robotics, and engineering segments following an encouraging debut on Bursa Malaysia’s ACE Market today.

MCE Set To Gain From Perodua QV-E Development, EV Localisation Push -- HLIB

KUALA LUMPUR, June 16 (Bernama) -- Electronic component manufacturer MCE Holdings Bhd is set to benefit from the development of Perodua’s maiden electric vehicle (EV) model, QV-E, for which it supplies the infotainment system and other electronic components, said Hong Leong Investment Bank Bhd (HLIB).

TERAJU's Transfer To PM's Department Boosts PuTERA35 Agenda

KUALA LUMPUR, June 16 (Bernama) -- Placing the Bumiputera Agenda Steering Unit (TERAJU) under the Prime Minister's Department will enable the agency to advance the Bumiputera Economic Transformation Plan 2035 (PuTERA35), said Economy Minister Akmal Nasrullah Mohd Nasir.

KLCI Futures Open Lower

KUALA LUMPUR, June 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Tuesday, tracking the underlying cash market performance. 

Bursa Malaysia Opens Slightly Lower On Mild Profit-Taking

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened slightly lower on Tuesday as investors locked in gains following the previous session’s rally, with early profit-taking weighing on the benchmark index.

Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.

Good Relations With Major Powers Do Not Compromise National Principles - PM Anwar

MUAR, June 15 (Bernama) -- Maintaining good relations with major world powers such as China and the United States has never weakened Malaysia's position in upholding its national principles on international issues, Prime Minister Datuk Seri Anwar Ibrahim said.

CPO Futures End Mostly Lower, Tracking Loss In Soybean Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Monday, tracking losses in soybean oil.

Tanco: Business Fundamentals Remain Unaffected Amid Share Price Volatility

KUALA LUMPUR, June 15 (Bernama) -- Tanco Holdings Bhd said its business fundamentals remain unaffected despite recent volatility in its share price that prompted Bursa Malaysia Securities Bhd (Bursa Securities) to issue an Unusual Market Activity (UMA) query.

Gold Futures Close Higher Amid Lower Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.

Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities

PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.

Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal

By K. Naveen Prabu

KUALA LUMPUR, June 15  (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.