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Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.

Ringgit Opens Firmer Against Greenback As DXY Remains Muted 

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

MIDA, BEYOND4 Forge Partnership To Support High-growth SMEs

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and BEYOND4 Sdn Bhd have inked a memorandum of understanding (MoU) to support high-growth small and medium enterprises (SMEs).

Only One Raises 100 Mln Japanese Yen To Expand Custom Travel, Hotel Ventures

KUALA LUMPUR, Feb 12 (Bernama) -- Tokyo-headquartered Only One Corp, a travel agency specialising in bespoke journeys, has successfully raised 100 million Japanese yen through over 20 individual investors. (100 Japanese yen = RM2.92)

EPF Denies Claims Regarding MAHB Investment

KUALA LUMPUR, Feb 12 (Bernama) -- The Employees Provident Fund (EPF) has refuted allegations of misconduct or regulatory breaches in the buying and selling of Malaysia Airports Holdings Bhd’s (MAHB) shares and the purported losses incurred from the transaction.

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd. 

Ringgit Opens Firmer Against US Dollar After US Fed Indicated 'No Rush' On Rate Cuts  

By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst. 

Haos Ek? Eyes Export Market, Targets Bursa Malaysia Listing In 2028

KUALA LUMPUR, Feb 11 (Bernama) -- Haos Bhd, a company that produces the local beverage brand Haos Ek?, is expanding into the export market and taking steps towards listing on the Bursa Malaysia in 2028.

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

Bursa Malaysia Ends Winning Streak Amid US Data, Tariff Concerns

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.

Local Institutions Boost Bursa Malaysia For 16th Consecutive Week - MIDF

KUALA LUMPUR, Feb 10 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 16th consecutive week, with net purchases totalling RM194.2 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF). 

Rightsizing Efforts Aimed At Ensuring Petronas Can Contribute Continuously To Nation-Building

KUALA LUMPUR, Feb 7 (Bernama) -- Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its president and chief executive officer Tengku Tan Sri Muhammad Taufik said today.