| LATEST NEWS | At 6 pm, the ringgit eased to 4.0670/0715 against the US dollar from Tuesday’s close of 4.0580/0630 | Global petroleum market more stable but influenced by uncertainty over physical supply, global stock levels and seasonal demand across major regions - MOF | RON95 subsidy is projected to be about RM2 bln a month, diesel about RM1.5 bln - MOF | Govt's RON95 petrol and diesel subsidy burden based on market prices is still expected to remain high at about RM3.5 bln a month - MOF | Prices of RON95, RON97 and diesel in the peninsula remain unchanged for June 11 to 17 - MOF | |
By Harizah Hanim Mohamed
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia bucked the regional trend to continue trading in positive territory, with persistent buying supporting selected heavyweights.
KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).
KUALA LUMPUR, June 9 (Bernama) -- Bank Rakyat is intensifying its efforts to help Malaysian companies expand abroad through its “Bank Rakyat Bizmatch: Make Malaysian Businesses Great” initiative, which was held alongside the Nikkei Forum of Asia 2026 in Tokyo, Japan.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia recovered into positive territory by lunch break, supported by buying interest in selected heavyweights led by three counters.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.
By K. Naveen Prabu
KUALA LUMPUR, June 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by firmer crude oil and soybean oil prices, a trader said.
KUALA LUMPUR, June 8 (Bernama) -- More than 8,500 small and medium enterprises (SMEs) in the healthcare sector across Pharmaniaga Bhd's network will benefit from its strategic partnership with CrediBill Sdn Bhd, which offers payment flexibility for the purchase of pharmaceutical and healthcare products.
KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.
KUALA LUMPUR, June 8 (Bernama) -- Multi-Color Corporation (MCC), a leader in prime label solutions, is holding its first quarter 2026 financial results conference call on June 8 to discuss the company's performance for the quarter ended March 31.
KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.
