Gold Futures Rebound To Close Higher
KUALA LUMPUR, Feb 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher, driven by safe-haven demand amid concerns surrounding the Russia-Ukraine peace talks.
| LATEST NEWS | Sinkhole in Wangsa Maju believed to be due to utility maintenance work, closed for two weeks - KL Mayor | Affin Bank expects the ringgit to strengthen to RM3.80 against the US dollar by year-end -- President and Group CEO | Malaysia’s inflation is expected to remain manageable at around 1.7 pct this year, although supply-side uncertainties may sustain price pressures -- Affin Bank | Anti-ship missile for LCS to be discussed with Norway later this month - Khaled Nordin | Affin Bank projects Malaysia’s GDP growth at 4.8 pct in 2026 if the war ends by June, supported by stable domestic demand, stronger investment and continued reforms | |
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Ringgit Falls AS Investors Seek Safe Havens Ahead Russia-Ukraine Peace Talks
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
ROSHN Group Unveils First Batch Of Sales For ALMANAR Community In Makkah
KUALA LUMPUR, Feb 18 (Bernama) -- ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched the first batch of sales for ALMANAR, its first community in Makkah.
BYD Energy Storage Inks World's Largest Grid-scale Energy Storage Deal, Totalling 15.1 GWh
KUALA LUMPUR, Feb 18 (Bernama) -- BYD Energy Storage and Saudi Electricity Company (SEC) recently signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5 gigawatt hours (GWh) at the time.
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.
SME Venture@ASEAN 2025 To Attract Over 10,000 Visitors, Generating RM300 Mln In Sales
KUALA LUMPUR, Feb 17 (Bernama) -- The SME Venture@ASEAN 2025 is expected to attract over 10,000 visitors and more than 300 local and international exhibitors primarily from ASEAN member states and trade partners, generating more than RM300 million in sales.
WEF25: Saudi Arabia Redefining Global Economic Strategies
KUALA LUMPUR, Jan 27 (Bernama) -- Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting has unveiled its strategic approach for rewriting the economic playbook during several key sessions, emphasising the Kingdom’s progress under Vision 2030.
World Economic Forum Global Meeting Set For Spring 2026 In Riyadh
KUALA LUMPUR, Jan 27 (Bernama) -- The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the inaugural event slated for the spring of 2026.
Saudi Delegation Urges Nations To Prioritise “Greater Good” At WEF 2025
KUALA LUMPUR, Jan 23 (Bernama) -- Saudi Arabia called for global cooperation and dialogue to tackle the challenges of a fragmented world at the World Economic Forum (WEF) Annual Meeting 2025.
WEF25: Saudi Ministers Discuss Economic Resilience, Regional Growth Opportunities
KUALA LUMPUR, Jan 23 (Bernama) -- Saudi Arabia’s Minister of Economy and Planning, Faisal F. Alibrahim has highlighted the Kingdom’s long-term approach to growth at the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland.
Fitch Ratings: Global ESG Sukuk To Cross US$50 Bln In 2025
KUALA LUMPUR, Jan 22 (Bernama) -- The global environmental, social and governance (ESG) sukuk market is set to surpass US$50 billion (US$1=RM4.46) outstanding in 2025, according to Fitch Ratings.