Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln

KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.

Ringgit Ends Slightly Lower Against US Dollar Ahead Of Fed Rate Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.

FBM KLCI Futures End Lower

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday.

PT Bank CIMB Niaga Reports Consolidated Pre-Tax Profit Of IDR4.4 Trillion In 1H2025

KUALA LUMPUR, July 30 (Bernama) -- PT Bank CIMB Niaga Tbk has reported an unaudited consolidated pre-tax profit of IDR4.4 trillion in the first half of 2025 ended June 30, 2025 (1H2025), translating to an earnings per share of IDR137.43

Proceeds Of Import, Export Activities Of Electricity, Re To Benefit The People - PETRA

KUALA LUMPUR, July 30 (Bernama) -- The government is prepared to manage electricity import and export activities as well as renewable energy (RE) trading where the proceeds will be deposited into the Kumpulan Wang Industri Elektrik (KWIE) fund which will benefit the people.

Countervailing And Anti-Dumping Duties (Amendment) Bill 2025 Tabled For First Reading

KUALA LUMPUR, July 30 (Bernama) -- The Countervailing and Anti-Dumping Duties (Amendment) Bill 2025, aimed at protecting local industries from unfair trade practices and ensuring the competitiveness of Malaysian products, was presented for its first reading in the Dewan Rakyat today.

Rubber Market Ends Lower Amid Mixed Regional Futures

KUALA LUMPUR, July 30 (Bernama) -- The Malaysian rubber market ended lower today amid a mixed trend in regional rubber futures. 

Malaysia Secures RM2.97 Bln Digital Investments From China - Gobind

PUTRAJAYA, July 30 (Bernama) -- Malaysia has secured RM2.97 billion in confirmed digital investments from leading Chinese technology players, paving the way for the creation of over 6,800 high-value digital jobs nationwide, said Digital Minister, Gobind Singh Deo.

Steel Hawk Unit Bags Scaffolding Services Contract From EPOMS

KUALA LUMPUR, July 30 (Bernama) -- Steel Hawk Bhd’s wholly-owned subsidiary, Steel Hawk Engineering Sdn Bhd (SHESB), has secured a contract to provide scaffolding services for EPOMS Sdn Bhd’s operations. 

Bursa Malaysia Shares Slip In Early Trade Due To Lower 2Q Performance

KUALA LUMPUR, July 30 (Bernama) -- Stock exchange company Bursa Malaysia Bhd shares slip in early trade following a lower business performance recorded in the second quarter ended June 30, 2025 (2Q 2025).

Bursa Opens Lower, Profit-taking Ahead Of Fed Rate Cut Decision

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses from overnight Wall Street performance as profit-taking emerged ahead of the United States (US) Federal Reserve (Fed) interest rate cut decision later today.

Ringgit Opens Little Changed Against US Dollar Ahead Of FOMC Decision 

KUALA LUMPUR, July 30 (Bernama) -- The ringgit was little changed against the US dollar on Wednesday morning as traders adopted a wait-and-see approach ahead of the Federal Open Market Committee (FOMC) meeting, which will be unfolding tonight, said an analyst.