CPO Futures Expected To Trade Lower On Technical Correction Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on a technical correction between the range of RM3,800 per tonne and RM3,950 per tonne, said Interband Group of Companies senior palm oil trader Jim Teh.

Gold Futures Likely To See Cautious Trading Next Week

KUALA LUMPUR, Aug 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, influenced by external developments and US COMEX performance.

CPO Futures Close Higher On Stronger Export Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended higher on Friday, buoyed by stronger export performance as outlined by cargo surveyors, said palm oil trader David Ng.

Gold Futures End Lower Ahead Of US-Russia Meeting

KUALA LUMPUR, Aug 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Friday, mirroring the US COMEX gold market, as investors await the outcome of the meeting between US President Donald Trump and his Russian counterpart, President Vladimir Putin.

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

Figma, Motiff Settle Intellectual Property Disputes

KUALA LUMPUR, Aug 15 (Bernama) -- Figma and Motiff have reached an agreement to resolve their intellectual property (IP) disputes in the United States (US) and Singapore, effective July 23.

Gold Futures On BMD Settle Lower Despite COMEX Strength

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) finished lower on Thursday, bucking the trend seen in the US COMEX gold market, despite optimism over a potential US Federal Reserve rate cut and the anticipated United States-Russia talks this week.

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Bursa Opens Higher, Seen Testing 1,600 Level On US Rate Cut Hopes

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher and is set to test the 1,600 level today after Wall Street’s bullish momentum overnight on US interest rate cut hopes, coupled with a strong corporate earnings season, analysts said.

Ringgit Opens Flat On Caution After Recent Gains

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

Gold Futures Rebound On Fed Rate Cut Expectations

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, mirroring gains in the US COMEX gold market amid growing expectations of a US Federal Reserve (Fed) interest rate cut.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.