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FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, May 29 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives traded lower in early session on Thursday.

Ringgit Slips Against US Dollar As Fed Seen Delaying Rate Cuts

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.

Izzana Salleh Named New CPOPC Chief As Council Eyes Stronger Global Voice

JAKARTA, May 28 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) has appointed Izzana Salleh as its new secretary general and Dr Musdhalifah Machmud as deputy, with their roles to start from June 2025 until May 2028.

CPO Futures Close Higher On Strong Exports, Firm Soybean Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by stronger export performance.

Gold Futures Rebound After Two-Day Slide Ahead Of FOMC Meeting Minutes

KUALA LUMPUR, May 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher, rebounding after two consecutive days of losses ahead of the release of the US Federal Reserve’s Federal Open Market Commitee (FOMC) meeting minutes on Wednesday.

FBM KLCI Futures Close Lower

KUALA LUMPUR, May 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower today, following the weaker performance of the underlying cash market.

Bursa Malaysia, Subsidiaries To Close On June 2 For King's Birthday

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on June 2, 2025, in conjunction with the official birthday of His Majesty Sultan Ibrahim Ibni Almarhum Sultan Iskandar, King of Malaysia.

Kerjaya Prospek Posts Higher Net Profit Of RM46.07 Mln In 1Q

KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.

Hong Leong Financial Group 3Q Net Profit Falls To RM714.12 Mln

KUALA LUMPUR, May 28 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the third quarter of its financial year ending June 30, 2025 (3Q FY2025) fell to RM714.12 million compared with RM818.07 million in the same period last year.

Rafizi’s Tenure Defined By Bold Moves To Improve People’s Livelihoods

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli, who became the economy minister in December 2022, part of Prime Minister Datuk Seri Anwar Ibrahim’s Cabinet, is known for a myriad of initiatives to improve people’s livelihoods.

Rafizi Ramli Resigns As Economy Minister, Effective June 17

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli has resigned as Minister of Economy effective June 17, 2025

Perodua Demand Supports MBMR Outlook - Analysts

KUALA LUMPUR, May 28 (Bernama) -- MBM Resources Bhd (MBMR) is expected to chart steady earnings this year backed by resilient Perodua demand, despite a soft start to the first quarter (1Q) 2025.