Gold Futures Likely To Trade Between US$4,800 And US$4,900 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade at US$4,800-US$4,900 an ounce next week, an economist said.

Rubber Market Seen Remaining Sluggish Next Week On Weaker Demand From China Ahead Of CNY

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 7 (Bernama) -- The rubber market is expected to remain sluggish next week, with the commodity’s price moving sideways with a downward bias due to weaker demand from China ahead of the upcoming Chinese New Year (CNY) holiday period.

KLCI Futures Likely To Trade Range-bound Next Week 

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week.

MITI Chief Secretary's Name Misused In Telegram Investment Scam

KUALA LUMPUR, Feb 6 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has confirmed that the name of its secretary-general, Datuk Hairil Yahri Yaacob, has been misused in a fake investment scheme operating via the Telegram application.

CPO Futures End Lower, Tracking Weakness In Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower, tracking the weakness in the Chicago Board of Trade (CBOT) soybean oil market, a trader said.

Malaysian Economy Shows Strong Resilience Amid Global Headwinds — AMRO

SINGAPORE, Feb 6 (Bernama) -- The Malaysian economy has demonstrated notable resilience despite rising global trade protectionism and geopolitical tensions, said the ASEAN+3 Macroeconomic Research Office (AMRO).

ART Signals Strong US Investor Confidence In Malaysia - Ambassador

GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.

Ringgit Ends Flat Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

Trade-in Gold Jewellery On Uptrend, Driving Sales Moving Forward - Tomei

KUALA LUMPUR, Feb 6 (Bernama) -- Tomei Consolidated Bhd foresees that trade-in gold jewellery will experience a continuous uptrend as consumers take the opportunity to renew their jewellery collections for the upcoming festive season, supported by stronger gold prices.

Nippon Express Holdings Acquires Minority Stake In Pakistan’s TCS Logistics

KUALA LUMPUR, Feb 6 (Bernama) -- Nippon Express Holdings Inc has acquired a minority stake in TCS Logistics (Private) Limited (TCSL), a Pakistan-based domestic logistics provider, through its subsidiary, NX South Asia & Oceania Co Ltd.

BARAKAT, BERKAT Financing Schemes Help MSMEs Navigate Cost Pressures, Say Industry Groups

KUALA LUMPUR, Feb 6 (Bernama) -- Sustained and well-targeted support for micro, small, and medium enterprises (MSMEs) is critical to protect local businesses amid intensifying competition, rising costs and global market volatility, said the Malaysian Employers Federation (MEF).