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Melaka Forges Strategic Ties With Turkiye For RM1.8 Bln Shipyard Project

MELAKA, 8 Jan (Bernama) -- Melaka is strengthening its position as a regional maritime hub with an official visit to Desan Shipyard in Istanbul, Turkiye, to finalise a strategic partnership for the ‘Enrique of Malacca Shipyard’, a modern RM1.8 billion facility to be developed in the Melaka Waterfront Economic Zone.

Malaysia Airlines Flight Returns To Paris Shortly After Departure Due To Engine Indication Anomaly

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia Airlines confirmed that its flight MH21 operating from Paris Charles de Gaulle Airport (CDG) to KL International Airport on Jan 7 has returned to CDG shortly after departure as a precautionary measure following an engine indication anomaly.

Vantris Energy Share Price Up In Early Trade On Two Work Orders Win

KUALA LUMPUR, Jan 8 (Bernama) -- Vantris Energy Bhd share price jumped as much as 10.39 per cent in early trade today after securing two work orders for the transportation and installation (T&I) of offshore facilities from Petronas Carigali Sdn Bhd worth RM1.4 billion. 

Bursa Opens Cautiously, CI Down 0.38 Pct

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia opened Thursday on a cautious note as investors tracked global geopolitical developments, including US plans to curb Venezuelan oil exports and renewed rhetoric over US interest in Greenland.

Ringgit Opens Firmer Against US Dollar, Major Currencies

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight.

CPO Futures Higher On Rumours Indonesia May Raise Export Duty To 15 Pct

KUALA LUMPUR, Jan 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday on market rumours that Indonesia may raise CPO export duty to fund the B50 biodiesel mandate, said a trader.

Gold Futures End Higher, Despite Weaker US COMEX Performance

KUALA LUMPUR, Jan 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, despite their weak performance in the US COMEX.

SC To Review Derivatives Levy Remittance By Bursa Malaysia Before 2028

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia Bhd today clarified that the amount of remittance from derivatives levy to the Securities Commission Malaysia (SC) will be reviewed by the commission prior to the expiry of the three-year period ending in 2028.

PM Anwar Calls For Malaysia-Turkiye Cooperation In Technology, Digitalisation And AI

KUALA LUMPUR, Jan 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that Malaysia and Turkiye should work together in areas such as sharing technologies, digitalisation, and artificial intelligence (AI) to confront global challenges and achieve mutual prosperity.

PM Anwar Tells Emerging Economies To Forge New Alliances And Not Be Dictated By Big Powers

KUALA LUMPUR, Jan 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has called on emerging economies to realise that their future is not necessarily tied to the dictates of the big powers, be it the United States or China, but rather their own ability to forge new and mutually beneficial economic alliances.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Jan 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday. 

Ringgit Eases Against Greenback Ahead Of US Economic Data Releases

KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit ended lower against the US dollar on Wednesday as markets adopted a cautious stance ahead of key US economic data releases later tonight, an analyst said.