10h ago
PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.
12h ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.
14h ago
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.
15h ago
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
18h ago
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.
21h ago
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.
1d ago
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.
2d ago
KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.
4d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, in tandem with the downtrend in regional rubber futures prices and losses in crude oil prices amid concerns about the economic impact from the prolonged West Asia conflict, a dealer said.
4d ago
KUALA LUMPUR, June 4 (Bernama) -- Tenaga Nasional Bhd (TNB) has delivered 4.3 gigawatts (GW) of installed renewable energy capacity as the utility continues to support the country’s energy transition agenda.
4d ago
KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia opened higher, bucking the regional trend, supported by positive local sentiment following news that the Large Scale Solar 6 (LSS6) tender is set to open later this year.