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Gold Futures Ease As Strong US Data Dampens Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.

SIRIM To Issue Certificate Of Approval For Waste Plastic Imports Effective July 1

KUALA LUMPUR, July 2 (Bernama) -- SIRIM Bhd has been mandated to be the sole inspection body and certificate of approval (COA) issuer for waste plastic imports into Malaysia, effective July 1, 2025.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy, stressing that Malaysia remains a stable, progressive and trusted investment destination.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy.

Investment, Economic Cooperation With Italy, Brazil And France Expected After PM’s Working Visit – Fahmi

PUTRAJAYA, July 2 (Bernama) -- Several new initiatives involving investment and strategic economic cooperation between Malaysia and Italy, France, and Brazil are expected to be announced following Prime Minister Datuk Seri Anwar Ibrahim's working visit to the three countries.

BMI Maintains average Annual CPO Futures Price At RM4,150 Per Tonne This Year

KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.

PM Anwar To Meet Italian Industry Leaders

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will begin his second day in the Italian capital with a roundtable meeting with key industry leaders.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.

Allianz General Partners Fashion Platform To Offer Customised Insurance Product

KUALA LUMPUR, July 2 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd has partnered International Fashion Chamber Malaysia Bhd to offer the Allianz Business Shield Package Insurance to fashion businesses.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, July 2 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.