Petronas Positions Gas At The Core Of Asia's Energy Transition

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 12 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating its transformation under Petronas 2.0, reshaping itself for the next decade and beyond. 

CPO Futures End Higher On Expectations Of Strong Palm Oil Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday, supported by expectations of strong demand for palm oil ahead of the festive season next month.

Ringgit Holds Steady Versus Greenback Ahead Of US CPI Report

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit held steady against the American dollar and strengthened versus other major currencies at the close on Thursday, as investors awaited the US Consumer Price Index (CPI) report due later tonight.

Veritas Closes US$14.4 Bln Fund IX, Capping Strong Demand Amid Tough Market

KUALA LUMPUR, Sept 11 (Bernama) -- Veritas Capital (Veritas), an investor at the intersection of technology and government, has announced the final close of The Veritas Capital Fund IX (Fund IX) with US$14.4 billion in aggregate capital commitments. (US$1=RM4.20)

Bursa Malaysia Slips 0.5 Pct At Midday After Three-day Rally

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia ended the morning session lower, slipping 0.5 per cent as investors locked in profits after a three-day rally.

Vimeo Snapped Up By Bending Spoons In Nearly US$1.38 Bln All-cash Deal

KUALA LUMPUR, Sept 11 (Bernama) -- Vimeo Inc, a video platform for business, has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately US$1.38 billion. (US$1=RM4.20)

EU Acknowledges MSPO As Credible Standard For EUDR Compliance

KUALA LUMPUR, Sept 10 (Bernama) -- The European Union (EU) has officially acknowledged the Malaysian Sustainable Palm Oil (MSPO) certification as a credible sustainability standard with a high-standard digital traceability system that can facilitate operators' compliance with the EU Deforestation Regulation (EUDR).

Bursa Malaysia Ends firmer as Fed Rate Cut Expectations Buoy Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia ended trading on a positive note today, marking its third consecutive day of gains in line with other major Asian bourses.

Rubber Market Ends Mixed On Weaker Regional Futures Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 10 (Bernama) -- The Malaysian rubber market ended mixed today due to weaker advice from the regional rubber futures markets, a dealer said.

Axiata, Tenaga Nasional, YTL Corp Push FBM KLCI Higher At Lunch Break

KUALA LUMPUR, Sept 10 (Bernama) -- Buying support in selected heavyweights led by Axiata, Tenaga Nasional and YTL Corp have pushed the key index higher by 0.16 per cent at lunch break.

Bursa Malaysia Rebounds As Late Buying Offsets Profit-taking

KUALA LUMPUR, Sept 9 (Bernama) -- The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

13MP Vital Platform For Malaysia In Securing Position As Global Leader For Sustainable Palm Oil

KUALA LUMPUR, Sept 9 (Bernama) -- The 13th Malaysia Plan (13MP) offers a vital platform to accelerate Malaysia’s transition towards a climate-resilient, innovation-driven future, securing the country’s position as a global leader in sustainable palm oil production, says the Malaysian Palm Oil Board (MPOB)