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Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street as investors assessed that there was little progress towards de-escalating the trade war and concerns about the United States (US) government shutdown.

Appian, IFC Launch US$1 Bln Mining Fund For Emerging Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Appian Capital Advisory Limited (Appian), the investment advisor to long-term value-focused private capital funds, has launched a critical minerals, metals and mining fund for emerging markets in partnership with International Finance Corporation (IFC), a member of the World Bank Group.

Ringgit Edges Lower Against Greenback, Stronger Versus Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit ended marginally lower against the US dollar today as the greenback strengthened amid renewed optimism that the United States (US) and China may reach a trade deal soon, said an economist.

FBM KLCI Closes Higher As Bursa Plays Catch-up To Regional, Global Uptrend

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia’s key index closed higher on Tuesday as the local bourse played catch-up to the regional and global uptrend a day after returning from the Deepavali break.

NexisPeak Global Wraps Up 3rd Summit With Bold Vision, Stronger Ties

KUALA LUMPUR, Oct 21 (Bernama) -- NexisPeak Global successfully concluded its third offline meeting, themed “Consensus, Co-creation and Win-win”, bringing together investors, partners and industry experts from home and abroad to discuss strategies for sustainable wealth growth in the digital asset era.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia ended the morning session higher as investors bought selected heavyweight stocks, led by the plantation and financial services counters.

MIDA Secures RM7.3 Bln Potential Green Investments At IGEM 2025

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM7.3 billion potential green investments during the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2025.

Foreign Investors End Two-week Buying Streak, Pull US$1.71 Bln From Asian Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Foreign investors turned net sellers, ending their two-week consecutive streak of net buying activity across Asian markets last week, recording US$1.71 billion of net foreign outflows. 

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit opened higher against the US dollar, amid the United States (US) government shutdown and trade tensions with China, an analyst said.

Govt Fiscal Policy To Balance Economic Growth And People’s Needs, Says Treasury Sec-gen

PUTRAJAYA, Oct 20 (Bernama) -- The government's fiscal policy remains committed to supporting the country's development objectives while ensuring that the well-being of the people continues  to be a top priority, Treasury secretary-general Datuk Johan Mahmood Merican said.

BUDI95: 300 Litres Sufficient For Normal Use -- Treasury Sec-gen

PUTRAJAYA, Oct 19 (Bernama) -- Based on the government data, the 300-litre petrol subsidy quota provided under the BUDI MADANI RON95 (BUDI95) programme is sufficient for normal personal use, said Treasury secretary-general Datuk Johan Mahmood Merican.

FBM KLCI Futures Likely To Trade In Cautious Mode Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, in line with the cautious tone in the cash market.