Late Selling Drags Bursa Malaysia To End At Intraday Low Ahead Of 13MP, FOMC Announcements

By Danni Haizal Danial Donald

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia ended at its intraday low today, pressured by late selling as investors positioned themselves ahead of the 13th Malaysia Plan (13MP) announcement on Thursday.

Putrajaya Explores Silver Economy Potential – Hanifah

KUALA LUMPUR, July 29 (Bernama) -- The government is exploring the potential of the silver economy as a new growth driver to help the nation manage the socio-economic impact of becoming an ageing society by 2043, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Ringgit Strengthens Broadly On Cautious Trade Sentiment

KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst.

Ringgit Likely To Trade Within RM4.22-RM4.24 Vs Greenback Next Week Ahead Of Fed Decision

KUALA LUMPUR, July 26 (Bernama) -- The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US Federal Reserve (Fed) is anticipated to maintain its policy rate, said an analyst.

Rubber Market Closes Higher, Tracking Shanghai Gains And Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 25 (Bernama) -- The Malaysian rubber market continued its upward trend, closing higher on Friday, supported by an increase in regional rubber futures, driven by a rise in the Shanghai rubber futures market and stable crude oil prices, a dealer stated.

RM4 Bln Sumbangan Tunai Rahmah Cash Aid Disbursed Via Phase 1 And 2 Payments -- MOF

KUALA LUMPUR, July 23 (Bernama) -- The latest data showed that over 8.5 million Sumbangan Tunai Rahmah (STR) recipients have been registered, and RM4 billion in cash aid disbursed through the initiative’s Phase 1 and 2 payments, said the Ministry of Finance (MOF).

Bursa Stages Rebound To Close At Intra-Day High On Late Bargain Hunting

By Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.

RON95 Targeted Subsidies, Postponed Toll Hike Ensure Mobility Remains Accessible For Rakyat -- Carsome

KUALA LUMPUR, July 23 (Bernama) -- The government’s decision to implement targeted subsidies for RON95 and to freeze toll rate hikes across key highways will ensure mobility remains accessible and affordable for the rakyat, said Carsome Group chief business officer Aaron Kee today.

Government Defers Toll Hike On 10 Highways, To Shoulder RM500 Mln In Cost - PM Anwar

KUALA LUMPUR, July 23 (Bernama) -- The government has agreed to defer toll rate increases on 10 highways to allow the public to continue paying existing rates, Prime Minister Datuk Seri Anwar Ibrahim said today.

Malaysia To Host Second Round Of EU Free Trade Talks In November - MITI

KUALA LUMPUR, July 22 (Bernama) -- Malaysia is expected to host the second round of negotiations for the Malaysia-European Union Free Trade Agreement (MEUFTA) in November 2025, according to the Ministry of Investment, Trade and Industry (MITI).

IILM’s US$800 Mln Short-term Sukuk Oversubscribed 2.3 Times

KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.

Bursa Carbon Exchange, UEM Lestra Ink MoC To Pilot First CRESS Auction

KUALA LUMPUR, July 22 (Bernama) -- Bursa Carbon Exchange (BCX), a wholly owned unit of Bursa Malaysia Bhd, has signed a memorandum of collaboration (MoC) with UEM Lestra Bhd, a wholly owned unit of UEM Group Bhd, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).