Gold Futures Close Higher
KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher amid ongoing concerns over economic slowdowns in the United States and China.
| LATEST NEWS | Nine people, including four students, injured in compressor explosion at private university in Bukit Damansara - KL police chief | Fire and Rescue Department confirms two staff members of private university injured in explosion caused by leaking air-conditioning gas in Bukit Damansara | Rapid Bus will receive 250 electric buses, including 75 for Rapid Penang expected to arrive in March - Loke | Penang water taxi service yet to be implemented as several technical and safety aspects still need to be addressed - Loke | Prasarana Malaysia will add 170 vans to expand Rapid Penang On-Demand service - Loke | |
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MAHB Records 12 Mln Passengers In Aug 2024
KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia Airport Holdings Bhd (MAHB) reported a total of 12 million passengers across its airport network in August 2024.
Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan
By Jailani Hasan
LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.
Ringgit The Clear Winner From FFR Cut, Pivots Vs USD
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst.
Northport Achieves New Breakbulk Record With 52,480 FWTs of Steel Cargo
KUALA LUMPUR, Sept 20 (Bernama) -- Northport (Malaysia) Bhd, a member of the MMC Group, has set a new record for breakbulk cargo handling from a single vessel, surpassing its previous milestone set in March this year.
FBM KLCI Futures End Higher, Tracking Cash Market's Performance
KUALA LUMPUR, Sept 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, in line with the performance of the underlying cash market.
iPhone 16 Buyers Weigh Options Amid Price Differences
KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.
Bank Muamalat's Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award
KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.
Glomac's 1Q Net Profit Rises To RM7.28 Mln
KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.
Bursa Malaysia Ends Higher In Line With Most Regional Markets
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.
Mycron Steel Inks MoU With Japan's JFE Steel To Drive Green Steel Solutions In Malaysia
KUALA LUMPUR, Sept 20 (Bernama) -- Mycron Steel Bhd has inked a memorandum of understanding (MoU) with Japanese steel producer JFE Steel Corporation to drive the adoption of green steel solutions in Malaysia.
Subang Airport Records 25 Pct Rise In International Passenger Traffic For August
KUALA LUMPUR, Sept 20 (Bernama) -- Sultan Abdul Aziz Shah Airport, also known as Subang Airport (SZB), recorded a 25 per cent rise in international passenger traffic in August 2024, according to Malaysia Airports Holdings Bhd (MAHB).