Nippon Express Holdings Completes Simon Hegele Group Acquisition

KUALA LUMPUR, Feb 18 (Bernama) -- Nippon Express Holdings Inc has completed the acquisition of SH HoldCo GmbH, the parent company of Germany-based Simon Hegele Group, effective Feb 3.

Malaysia Continues To Take Proactive Steps To Ensure Economic And Trade Interests Remain Strong

KUALA LUMPUR, Feb 18 (Bernama) --  Malaysia will continue to take proactive steps to ensure the country’s economic and trade interests remain strong on the global stage, according to the Ministry of Foreign Affairs.

Hartalega Records 3Q Net Profit Of RM19.51 Mln

KUALA LUMPUR, Feb 18 (Bernama) -- Hartalega Holdings Bhd has recorded a lower net profit of RM19.51 million for the third quarter ended Dec 31, 2024, compared with a net profit of RM22.38 million posted in the same period a year ago.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Feb 18 (Bernama) --  Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.

Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

Ringgit Opens Higher Against US Dollar Ahead Of FOMC Minutes Release

KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.

Rubber Market Lower Amid US Trade Tariff Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 17 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, pressured by weaker signals from regional futures markets amid ongoing concerns over increased United States (US) trade tariffs, said a dealer.

Local Semiconductor Industry Benefits From US-China Trade Tensions – MSIA

KUALA LUMPUR, Feb 17 (Bernama) -- The Malaysian semiconductor industry stands to benefit from the impact of United States (US) restrictions on China, said Malaysia Semiconductor Industry Association (MSIA) president Datuk Wong Siew Hai.

Malaysia-ASEAN Relationship With China Should Be Based On Mutual Respect, Trust - Tengku Zafrul

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia and ASEAN's relationship with China should continue to be built on mutual respect and trust, particularly when it comes to driving high-value industries, fostering innovation, and promoting sustainable development, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Opens Slightly Higher But Turns Lower Thereafter

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.

Ringgit Opens Higher Against US Dollar On Stronger GDP Growth In 4q 2024

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.

FBM KLCI Futures Likely To Move In Narrow Range Next Week

KUALA LUMPUR, Feb 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to move in a narrow range next week amid uncertainties surrounding United States (US) trade policies.