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Bursa Malaysia Rises After Pause, Fed Cut Eyed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia opened higher on Friday after pausing the previous day, tracking global gains as investors grew more confident that the United States (US) Federal Reserve (Fed) will cut rates next week.

SVO.ai-Dury Dury Partnership To Boost AI-Driven Durian Business

KUALA LUMPUR, Sept 12 (Bernama) -- Artificial intelligence (AI) commerce platform SVO.ai has entered into a strategic partnership with local durian brand Dury Dury to accelerate digital transformation in Malaysia’s traditional agriculture sector and expand the nation’s “King of Fruits” into global markets across Asia and Europe.

Ringgit Opens Higher As Weak US Jobs Data Hits US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback retreated after weaker United States (US) jobs data raised expectations of interest rate cuts.

MBSB IB Anticipates Malaysia's IPI Growth To Moderate To 2.0 Pct In 2025

KUALA LUMPUR, Sept 11 (Bernama) -- MBSB Investment Bank Bhd has maintained its projection for Malaysia's Industrial Production Index (IPI) growth to moderate to around 2.0 per cent this year, compared to 3.7 per cent last year.

Gold Futures Extend Losses To Close Lower

KUALA LUMPUR, Sept 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended losses to close lower on Thursday, tracking a weaker United States (US) COMEX gold market, coupled with a stronger greenback.

Rubber Market Ends Lower On Weaker Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 11 (Bernama) -- The Malaysian rubber market ended lower today, pressured by falling oil prices amid a mixed performance in regional rubber futures markets, a dealer said.

AM Best Affirms Superior Ratings For Tokio Marine & Nichido Fire Insurance, Subsidiaries

KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.

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.

Ringgit Opens Firmer On US Rate Cut Hopes

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of United States (US) interest rate cuts after softer economic data.

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.

MBSB IB Revises 2025 MGS Yield Forecast To 3.40 Pct

KUALA LUMPUR, Sept 10 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised its 2025 projection for the 10-year Malaysian Government Securities (MGS) yield to end the year at around 3.40 per cent, following the recent overnight policy rate (OPR) cut.