KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.
KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.
KUALA LUMPUR, June 20 (Bernama) -- Malaysia and Turkmenistan have reaffirmed their commitment to expanding cooperation in the energy sector, acknowledging Petroliam Nasional Bhd’s (Petronas) longstanding and positive contributions in the field.
From Sharifah Hunaini Syed Ismail
ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the agreement signed between Malaysia and Turkmenistan reflects a mutual commitment to long-term cooperation that goes beyond mere commercial interests.
From Sharifah Hunaini Syed Ismail
ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has described Petroliam Nasional Bhd’s (Petronas) success in securing one of the world's largest gas fields, following an agreement signed with the government of Turkmenistan, as an extraordinary achievement that positions the national oil and gas company among industry leaders.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week to close higher on Friday, driven by supply concerns and renewed tension in West Asia, said a trader.
By K. Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday amid expectations of a possible US Federal Reserve (Fed) interest rate hike later this year, which will support the US dollar and weigh on the appeal of the precious metal.
KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.
KUALA LUMPUR, June 19 (Bernama) -- Trading of Ajinomoto (Malaysia) Bhd's (AMB) shares will be suspended from 9 am to 5 pm on Monday pending an announcement.
By K. Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.
KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.
