CPO Futures Forecast To Trade With Positive Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said. 

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Thredd Wraps Up Successful Q3 With Fintech Transaction Volumes, New Issuer Signings

KUALA LUMPUR, Oct 11 (Bernama) -- Thredd, a next-generation payments processor, reported positive third quarter (Q3) results with 2024 on track to outperform all prior years, powered by a 20 per cent increase in transactions, key global client wins, programme expansions and growth in distinct payment segments and markets.

SambaNova Collaborates With Canvass To Provide Complete AI Platform In South Asia, EMEA

KUALA LUMPUR, Oct 11 (Bernama) -- SambaNova Systems has teamed up with Canvass AI (Canvass), a leader in generative artificial intelligence (GenAI) enterprise solutions, to drive fast adoption of vertically-integrated AI Solutions, inference and training to South Asia and Europe, Middle East, and Africa (EMEA).

NXHD Completes Acquisition Of German’s Simon Hegele, Becoming A Fully Owned Subsidiary

KUALA LUMPUR, Oct 11 (Bernama) -- Nippon Express Holdings Inc (NXHD) has announced the successful completion of its acquisition of all shares in German-based SH HoldCo GmbH (Simon Hegele), a group of companies specialising in contract logistics in the healthcare industry.

Tealive Expands To Middle East, Partners With Dubai-based Conglomerate

KUALA LUMPUR, Oct 11 (Bernama) -- Loob Holding Sdn Bhd, the owner of tea brand Tealive, has signed a master franchise agreement with Dubai-based conglomerate Eureka Restaurant and Café to bring the brand into the United Arab Emirates (UAE).

Eco Expo Asia 2024 To Gather Green Industry Leaders Worldwide

KUALA LUMPUR, Oct 11 (Bernama) -- The Hong Kong Trade Development Council and Messe Frankfurt (HK) Ltd will jointly organise Eco Expo Asia 2024, along with the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region, from Oct 30 to Nov 2.

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

Ringgit Retreats Against US Dollar Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.  

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

Malaysia Increasingly Attractive To Foreign Investors -- UBS Global Research

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia has become increasingly attractive to foreign investors due to several factors, such as the country’s political stability and track record in exercising fiscal responsibility, said UBS Global Research.