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Hartanah Kenyalang Expects Margin Squeeze From US-Iran War, Implements Cost Measures

KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.

Ringgit Rises To 3.97 Against US Dollar At The Close As US-Iran Reaches Ceasefire Deal

By Abdul Hamid A Rahman

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.

Rubber Futures End Mixed On Weaker Regional Cues, Firmer Ringgit

KUALA LUMPUR, April 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said.

Samaiden, Retailer Tan Boon Ming Turns Shared Clean Energy Vision Into Reality

KUALA LUMPUR, April 8 (Bernama) -- Renewable energy (RE) company Samaiden Group Bhd and home appliances retailer Tan Boon Ming Sdn Bhd (TBM) officially launched their first solar consumer experience at TBM Bangsar Village today, marking the first physical manifestation of their partnership.

Bank Islam, Awaris Launch Will-writing Services Via Mobile Banking App

KUALA LUMPUR, April 8 (Bernama) -- Bank Islam Malaysia Bhd (BIMB), in collaboration with Amanah Warisan Bhd (Awaris), today launched the Awaris will-writing service via BIMB Mobile, making it one of the first Malaysian banks to offer such services through a mobile banking application.

Grab Plans To Introduce 'Carri' To Bridge Gap Between Digital Intelligence And Real-world Logistics

JAKARTA, April 8 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm, Grab, is planning to introduce “Carri”, a physical automation robot, to bridge the gap between digital intelligence and real-world logistics.

Oil Price Dips Below US$100 Per Barrel On Ceasefire Talks, Upside Risks Remain

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz. 

Xiaomi Accelerates Smart Home Expansion Amid Growing Adoption In Malaysia

KUALA LUMPUR, April 8 (Bernama) -- Smart home technology is rapidly gaining traction in Malaysia as more households adopt connected devices to enhance convenience, efficiency and control.

Bursa Malaysia Higher At The Opening

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.  

Ringgit Rebounds To 3.99 Against US Dollar On Improved Market Sentiment

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.

IILM Prices US$1.335 Bln short-term sukuk amid Global Market Volatility

KUALA LUMPUR, April 7 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.335 billion in short-term sukuk across five tenors: two weeks, one month, three months, six months and nine months.