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Global Supply Crisis: Selangor's Financial Position Still Healthy -- Amirudin
SHAH ALAM, June 15 (Bernama) -- Selangor's financial position is still at a healthy level despite the global economic uncertainties following the supply crisis and fluctuations in world markets.
Bursa Malaysia Stays Higher At Midday
KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.
Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB
KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).
KLCI Futures Likely To Remain Positive Next Week
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.
Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting
KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.
Gold Futures To Trade Cautiously Next Week
KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.
Ringgit Extends Gains, Closes Higher Versus US Dollar
By Danni Haizal Danial Donald
KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.
Rubber Market Extends Gains On Strong Regional Futures
KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.
Galatek Opens Penang Facility, Commits To US$100 Mln Investment Within 5 Years
BUTTERWORTH, June 12 (Bernama) -- Galatek Technologies (Galatek) has opened its manufacturing, assembly and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development.
BizMatch Tokyo Has Potential To Generate Deals Worth RM500 Mln - Sim
KUALA LUMPUR, June 11 (Bernama) -- The Bank Rakyat BizMatch: Make Malaysian Businesses Great programme, which is being held in Tokyo, Japan, in conjunction with the Nikkei Forum: Future of Asia 2026, is expected to generate business deals worth more than RM500 million in the next 12 months.
Rubber Market Ends Higher As It Tracks Regional Gains
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.