CCUS Bill, Regulations Related To Co2 In Offshore Areas Need To Be Enforced By March 31 - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.

Ambank Finances RM1.06 Bln Acquisition Of Bahru Stainless From Spain’s Acerinox

KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Fin Capital To Establish Asia Presence With Tokyo Office

KUALA LUMPUR, March 5 (Bernama) -- Fin Capital, a global asset manager, announced it will establish a formal presence in Asia, with the opening of an office in Tokyo as its Asia headquarters.

Bursa Malaysia Higher At Midday As Bargain Hunters Step In, CI Up 0.67 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.   

Bursa Malaysia Rebounds After Four-Day Losing Streak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.  

Govt To Determine Any Laws Breached In Alleged Shipment Of US-sanctioned AI Chips - MITI

KUALA LUMPUR, March 4 (Bernama) -- The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, said the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Ends Lower On US Tariff Concerns, CI Down 1.0 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Malaysia’s Natural Gas Production Rebounds, Up 3 Pct In 2024 -- DOSM

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s natural gas production rose three per cent to 2,948.8 billion cubic feet in 2024, rebounding from previous declines, the Department of Statistics Malaysia (DOSM) said.  

ASEAN To Hold Talks With US, GCC, China On Trade -- Tengku Zafrul

KUALA LUMPUR, March 4 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has said that the summit that ASEAN plans to hold with the United States (US) is currently in the planning stages. 

Bursa Malaysia Lower At Midday, CI Down 0.88 Pct

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Bursa Malaysia Opens Lower, Tracking Wall Street’s Decline

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight decline as trade war concerns intensified after the United States (US) confirmed tariffs on Mexico, Canada and China.