Local Institutions Extend Net Buying Streak To Six Weeks On Bursa Malaysia

KUALA LUMPUR, May 25 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to a sixth consecutive week, recording net inflows of RM572.9 million last week, according to MBSB Investment Bank Bhd.

Bursa Malaysia Opens Lower

KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed by cautious investor sentiment and subdued buying interest, which offset stronger gains on Wall Street last Friday.

Strarion Advisory Builds Bridge To Russia-CIS Market, Positions Malaysia As ASEAN Gateway

KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.

AICB Recognises Over 700 Banking Professionals, Strengthens Regional Banking Talent Pipeline

KUALA LUMPUR, May 23 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed its commitment to strengthening the banking talent pipeline in Malaysia and across the region, with over 700 banking professionals recognised at its 9th Chartered Banker Conferment Ceremony.

Gold Futures Set To Trade Cautiously Next Week Amid Rising US Yields, West Asia Tensions

KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.

FBM KLCI Futures Likely To Trade Range-bound With Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to stay range-bound next week, with a slight upward bias as bargain-hunting activities continue to emerge.

Ann Joo's Unit Has New Potential Buyer After Deal With Southern Steel Falls Through

KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.

MIDA, Daikin And SHRDC Collaborate To Strengthen Local Supplier Capabilities

KUALA LUMPUR, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has collaborated with Daikin Malaysia Sdn Bhd and the Selangor Human Resource Development Centre (SHRDC) to organise the MIDA-Daikin Supply Chain Programme.

Bank Islam Offers Integrated Banking Solutions For Malaysian Haj Pilgrims

KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.

Asian Development Bank, Labuan Chamber Of Commerce Discuss Labuan's Potential Economic Growth

By Jailani Hasan

LABUAN, May 22 (Bernama) -- The Asian Development Bank (ADB) held a strategic engagement session with the Labuan Chamber of Commerce (LCC) to explore Labuan’s potential as a regional platform capable of supporting economic growth and connectivity across Asian countries.

Ringgit Ends Three-day Rally Against US Dollar Amid Geopolitical Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, May 22  (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.

Bursa Malaysia Ends Higher On Bargain Hunting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions.