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Rubber Market Ends Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 2 (Bernama) -- The Kuala Lumpur rubber market sustained its upward momentum on Wednesday to close higher, in line with gains in regional rubber futures markets and crude oil prices, despite the absence of Chinese players, said a dealer.

Menlo Security Surpasses US$100 Mln ARR, Leading Secure Enterprise Browser Market

KUALA LUMPUR, Oct 2 (Bernama) -- Menlo Security, the pioneer of Secure Enterprise Browsers announced the company has surpassed US$100 million in annual recurring revenue (ARR) and achieved 50 per cent growth in the last 24 months. (US$1=RM4.15)

Crown Bioscience Bolsters Singapore Facility With Advanced Oncology Models, Imaging Capabilities

KUALA LUMPUR, Oct 2 (Bernama) -- Crown Bioscience, a global contract research organisation (CRO) has announced an expansion of its facility in Singapore with new oncology research models and state-of-the-art imaging technologies.

Ringgit Retreats On Profit-taking As Hopes For Another Oversized US Interest Rate Cut Fade

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

MIDF Research Expects Malaysia's Positive Economic Growth Momentum To Sustain

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024. 

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

Ringgit Marginally Higher Vs US Dollar At Opening

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.

Gold Futures End Lower As Investors Prepare For Data-heavy Week

KUALA LUMPUR, Sept 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued its downtrend on Monday as investors prepare for a week filled with important data.

Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

Nikkiso CE&IG Receives Ammonia Fuel Supply System Approval From ABS

KUALA LUMPUR, Sept 30 (Bernama) -- Nikkiso Clean Energy & Industrial Gases (CE&IG), part of Nikkiso Co Ltd Industrial Division has received approval in principle (AIP) from ABS for a new ammonia fuel supply system (FSS).

Ringgit Extends Gains, Opens At 4.1150 Vs US Dollar 

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.

Economist Hopes For Improvements To International Trade Policies In Budget 2025

By Zarul Effendi Razali

KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.