Gold Futures End Lower, Tracking Global Price Decline

KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, tracking the sharp overnight decline in global gold prices as investors booked profits following recent gains.

Bursa Malaysia Ends Lower On Profit-Taking In Line Regional Weakness

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia’s key index reversed yesterday’s gains to close lower on Wednesday, tracking most regional peers, as profit-taking took centre stage.

A 'Substantial' Announcement Expected From Trump’s ASEAN Summit Attendance -- Economist

By Niam Seet Wei

KUALA LUMPUR, Oct 22 (Bernama) -- The confirmation that United States (US) President Donald Trump will attend the 47th ASEAN Summit here in the next few days suggests there will be “something substantial” to announce, says an economist.

ASEAN-US Relations Progressing Well, MITI Optimistic Trade Deal Will Be Inked During Summit

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 22 (Bernama) -- ASEAN and the United States (US) have made significant progress in their bilateral relations, marked by the confirmed attendance of US President Donald Trump at the upcoming 47th ASEAN Summit, where both sides are expected to strengthen economic cooperation through the signing of the Agreement on Reciprocal Trade (ART).

Hologic To Be Acquired By Blackstone, TPG In US$18.3 Bln Deal

KUALA LUMPUR, Oct 22 (Bernama) -- Hologic Inc announced it has entered into a definitive agreement to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to US$79 per share, representing an enterprise value of up to US$18.3 billion. (US$1=RM4.22)

Malaysia Should Consider Hybrid Oil Palm Materials Proven Successful In Colombia -- Industry Veteran

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia should explore the introduction of hybrid oil palm materials proven successful in Colombia to combat diseases, said industry veteran Abdul Rahim Syed Mohd.

Ringgit Opens Higher Against US Dollar Amid US Shutdown, US-China Meeting Uncertainty

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday amid the US government shutdown and uncertainty over the meeting between US President Donald Trump and Chinese President Xi Jinping next week, an analyst said. 

Petronas Partners With Oman's OQEP To Advance Upstream Collaboration

KUALA LUMPUR, Oct 21 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its subsidiary Petronas Carigali Sdn Bhd (Petronas Carigali), has collaborated with OQ Exploration and Production New Ventures LLC (OQEP) to jointly pursue oil and gas exploration and production across the Middle East and Southeast Asia.

INNIO Secures Record 2.3 GW Order To Power AI-Driven Data Centres

KUALA LUMPUR, Oct 21 (Bernama) -- INNIO Group has announced its largest power delivery order to date is a 2.3-gigawatt (GW) power infrastructure project comprising 92 power packs, each capable of generating 25 megawatts (MW).

AACSB: Global Framework To Redefine Business School Research Impact

KUALA LUMPUR, Oct 21 (Bernama) -- AACSB International (AACSB) and Academy of Management (AOM), in collaboration with eight leading organisations from the business academic and scholarly community, have released the Global Research Impact Framework: Exposure Draft, a major step toward expanding the reach, relevance, and rigour of business school research worldwide.

Ringgit Edges Lower Against Greenback, Stronger Versus Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit ended marginally lower against the US dollar today as the greenback strengthened amid renewed optimism that the United States (US) and China may reach a trade deal soon, said an economist.

FBM KLCI Closes Higher As Bursa Plays Catch-up To Regional, Global Uptrend

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia’s key index closed higher on Tuesday as the local bourse played catch-up to the regional and global uptrend a day after returning from the Deepavali break.