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Bank Muamalat Advances Islamic Finance To Drive Socioeconomic Growth In Sabah

TAWAU, July 5 (Bernama) -- Bank Muamalat Malaysia Berhad is advancing Islamic finance to drive socioeconomic development through various social finance initiatives, said its president and chief executive officer, Khairul Kamarudin.

PM Anwar Calls On BRICS To Boost Intra-Trade, Champion Fair And Just Global Order

KUALA LUMPUR, July 5 (Bernama) —  Prime Minister Datuk Seri Anwar Ibrahim has called for an increase in intra-BRICS trade and for the grouping to emerge as a strong and principled force, grounded in equity, mutual respect, and a shared commitment to shaping a more balanced and just international order.

MITI: Sufficient Evidence Of Dumped Steel Coil Imports From Three Countries, Investigation To Continue

KUALA LUMPUR, July 5 (Bernama) -- The government has found sufficient evidence that imports of galvanised iron or steel coil and sheet products from China, South Korea, Vietnam, were brought into the country at dumped prices.

US Tariff Deadline Expected To Boost Gold’s Safe-haven Appeal Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States tariff deadline on July 9, which has added a layer of uncertainty to the market.

Ringgit Likely To Trade Range-Bound Ahead Of BNM’s MPC Meeting Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week, as investors adopt a cautious approach ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on July 9.

AirAsia Inks US$12.25 Bln Airbus Deal To Add 70 Long-Range Jets 

KUALA LUMPUR, July 5 (Bernama) -- AirAsia has signed an agreement to buy US$12.25 billion (RM51.72 billion) worth of long-range Airbus 321XLR aircraft, with deliveries confirmed by 2028, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

Bursa Malaysia Stays Mixed At Midafternoon Amid Cautious Sentiment

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia stayed mixed at midafternoon on Friday, with renewed buying interest in selected heavyweights recovering their earlier losses, amid cautious sentiment across regional markets.

Gold Futures Fall As Cautious Investors Book Profit Ahead Of US Tariff Deal Deadline

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Friday as cautious investors booked profits ahead of the US tariff deal deadline on July 9.

Ringgit Rebounds Slightly As Market Anticipates Mild US Tariffs

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The ringgit ended marginally higher against the US dollar today, buoyed by growing expectations of a possible compromise on upcoming US tariff measures.

Bursa Malaysia Closes Slightly Higher

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia turned slightly higher at the close today, supported by continued buying in selected heavyweights led by financial services, industrial products and services counters amid a mixed regional markets' performance, an analyst said.

RHB IB Expects BNM To Maintain OPR At 3.0 Pct

KUALA LUMPUR, July 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its Monetary Policy Committee meeting on July 9, with the balance of risks tilted towards one cut, said RHB Investment Bank (RHB IB).

Bursa Malaysia Ends Morning Session Mixed

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia ended the morning session mixed as mild profit-taking in selected consumer products and services counters reversed some of the earlier gains, an analyst said.