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Bursa Malaysia Rebounds To Open Higher

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia staged a rebound from yesterday's losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst.

Ringgit Slips Amid Rising Geopolitical Risks, But Remains Top Currency Globally Today

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 2 (Bernama) --  The ringgit closed lower on Wednesday as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar in a three-month period from July 2 to Oct 2.

Gold Futures End Higher Amid Ongoing Geopolitical Risks

KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued their upward trend on Wednesday, driven by increasing geopolitical risks in the Middle East that heightened investor interest.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

Oracle's Investment Reflects Global Tech Companies' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Oct 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Oracle's investment decision reflects the confidence and commitment of global technology companies in Malaysia's potential as a regional gateway for cloud infrastructure and supporting the growth of the regional artificial intelligence (AI) ecosystem.

Ringgit Retreats To Open Lower Vs US Dollar

KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit took a breather from recent gains to open lower against the US dollar today, weighed by a risk-off sentiment amid heightened global geopolitical tension, an analyst said.

IILM Reissues US$1.14 Bln Short-term Sukuk

KUALA LUMPUR, Oct 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.14 billion (US$1=RM4.1530) short-term sukuk across tenors of one, three, and 12 months, respectively.

Govt’s Strong Narrative Positions Ringgit As World's Best-performing Currency - Rafizi

SHAH ALAM, Oct 1 (Bernama) – Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.

Budget 2025 Set To See Substantial Increase In Allocations On Solid Economic Growth - Economist

PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng. 

Finance Professionals Urged To Address Wage Inequality For Sustainable Business Practices

KUALA LUMPUR, Oct 1 (Bernama) -- Finance and accountancy professionals must confront wage inequality and take a leading role in promoting sustainable business practices, according to a report published by ACCA Global, Shift, and Forvis Mazars.

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.

SC Unveils Regulatory Sandbox To Boost Tokenisation Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.