Ringgit Opens Higher As US Dollar Slips After FOMC Minutes

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit extended its rally, opening slightly higher against the US dollar on Wednesday as the greenback weakened after the release of the Federal Open Market Committee (FOMC) meeting minutes overnight.

CPO Futures Close Higher On Expectations Of Softer Output, Rising Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by expectations of softer output and improving demand in the weeks ahead.

Cypark Fully Redeems Tranche 1 Perpetual Sukuk Musharakah Worth RM235 Mln

KUALA LUMPUR, Dec 30 (Bernama) -- Cypark Resources Bhd’s wholly owned subsidiary Cypark Renewable Energy Sdn Bhd completed the early and full redemption of its outstanding Tranche 1 Perpetual Sukuk Musharakah amounting to RM235 million today. 

Pharmora Raises Apex Healthcare Stake To 94.94 Pct In Takeover Offer

KUALA LUMPUR, Dec 30 (Bernama) -- Apex Healthcare Bhd announced that Pharmora Investment Holdings Pte Ltd has increased its stake in the company to 94.94 per cent following an unconditional voluntary takeover offer.

Gold Futures Ends Lower Despite Gains In US COMEX

KUALA LUMPUR, Dec 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday due to profit-taking, despite the precious metal’s stronger performance in the US COMEX.

Genting Vista Issues RM3 Bln Unrated Medium-term Notes

KUALA LUMPUR, Dec 30 (Bernama) -- Genting Bhd’s (Genting) wholly-owned subsidiary, Genting Vista Bhd, today issued an unrated medium-term notes (MTN) programme of RM3.0 billion in nominal value (Series 1) under its RM5 billion unrated MTN programme.

Ringgit Ends Firmer Vs US Dollar, Major Currencies 

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit ended slightly higher against the US dollar and other major currencies on Tuesday, driven by improved buying interest.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Dec 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, tracking the underlying cash market.

Rubber Market Ends Higher On Steady Oil, Mixed Regional Cues

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, supported by steady crude oil prices and mixed trends in regional rubber futures, a dealer said.

SEDA Malaysia Hosts AI Webinar To Advance Sustainable Energy Agenda

KUALA LUMPUR, Dec 30 (Bernama) -- The Sustainable Energy Development Authority (SEDA) Malaysia has organised the ‘Artificial Intelligence (AI) and Its Role in the Energy Sector’ webinar to explore how advanced digital technologies are shaping the future of sustainable energy.

Late Buying Lifts Bursa Malaysia’s Key Index To Close Firmer 

By Anas Abu Hassan

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia’s barometer index ended firmer today, reversing losses earlier in the day to close 0.21 per cent higher -- a new high this year -- driven by late buying activities amid signs of year-end window dressing.

Madeline Berma's Passing Mourned By Economists, UKM Alumni

KUALA LUMPUR, Dec 30 (Bernama) -- The passing of economist and academic Prof Datuk Dr Madeline Berma today has been mourned by members of the economics fraternity, the academic community, and alumni of Universiti Kebangsaan Malaysia (UKM).