1d ago
LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.
1d ago
KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)
1d ago
KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of a potential US interest rate cut, which boosted investor confidence in the precious metal as a safe haven.
2d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd and its subsidiaries will be closed on Dec 25, 2025, in conjunction with Christmas Day and Jan 1, 2026, for the New Year’s Day holiday.
2d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Tuesday, tracking uneven regional futures amid softer crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Branding and marketing solutions specialist company SBS Nexus Bhd aims to raise RM30.63 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia’s ACE Market on Jan 20, 2026.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.
2d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Textron Aviation Defense LLC, a unit of Textron Inc, has secured its first contract to supply the Beechcraft T-6JP Texan II integrated training system to Japan’s Air Self-Defense Force (JASDF), marking a milestone entry into the Japanese military training market.