KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Dec 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trading on Wednesday.

Bursa Malaysia Opens Lower Ahead Of US Fed Decision

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.

IATA Welcomes Resumption Of MH370 Search, Says It Is Critical To Find Truth

GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) has welcomed efforts to resume the search for missing Malaysia Airlines Flight MH370 later this month, saying the global aviation community remains determined to uncover the truth behind the aircraft’s disappearance.

Ringgit Slips Vs US Dollar, Rises Against Majors On Fed Cut Expectations

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.

CPO Futures Ends Mostly Higher On Stronger Soybean Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Tuesday, reversing earlier losses due to stronger soybean oil prices, said palm oil trader David Ng.

PJBumi Unit Secures RM23.46 Mln Kedah Industrial Project

KUALA LUMPUR, Dec 9 (Bernama) -- PJBumi Bhd’s wholly owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd, has secured a RM23.46 million design-and-build contract for an industrial development in Sungai Petani, Kedah.

Southern Score Subsidiary Wins RM87.8 Mln data Centre Sub-contract

KUALA LUMPUR, Dec 9 (Bernama) -- Southern Score Builders Bhd announced that its 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, today accepted a letter of award (LoA) from a local construction company to undertake sub-contract works for a data centre project worth RM87.8 million.

e-Invoice Exemption Raised To RM1 Mln Boosts Entrepreneurs’ Competitiveness

KUALA LUMPUR, Dec 9 (Bernama) -- The government's move to raise the e-invoice exemption threshold from RM500,000 to RM1 million starting next year is expected to encourage entrepreneurs to become more competitive in advancing their businesses.

Ringgit Holds Steady vs Greenback At Close As FOMC Kicks Off Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.

FBM KLCI Futures Close Marginally Higher

KUALA LUMPUR, Dec 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives finished slightly higher today, tracking the cash market’s performance.

Asia-Pacific To Remain Largest Contributor To Global Air Traffic Growth Next Year - IATA

From Kisho Kumari Sucedaram

GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.

Bursa Malaysia Recoups Earlier Losses To Edge Higher, Awaits Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.