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Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.

AGC Biologics Expands Deal With Novelty Nobility For Antibody Production

KUALA LUMPUR, May 4 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has expanded its manufacturing agreement with South Korea-based biotech company Novelty Nobility to advance a bispecific antibody drug candidate.

KLCI Futures Close Higher

KUALA LUMPUR, May 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher in line with the steady performance of the cash market.

Company Secretary Fined RM50,000 For AMLA Breaches, Submitting False Information

KUALA LUMPUR, May 4 (Bernama) -- A company secretary has been fined RM50,000 for anti-money laundering violations and for providing false information to the Registrar of Companies.

Modon Sells Out Tara Park Project, Nears 2 Bln Emirati Dirham In Sales

KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)

LyondellBasell Completes Sale Of European Assets To AEQUITA

KUALA LUMPUR, May 4 (Bernama) -- LyondellBasell (LYB) announced it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA, marking a key milestone in its strategic review of operations in the region.

Rubber Closes Mixed Amid Ringgit Gains, Higher Crude Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- The rubber market closed mixed on Monday amid a stronger ringgit against the US dollar and higher crude oil prices, a dealer said. 

Bursa Malaysia Closes At Intraday High On Broad-based Buying, Improved Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.

Xenco Medical Named To TIME100, Wins 2026 Health Impact Award

KUALA LUMPUR, May 4 (Bernama) -- Xenco Medical has been named to the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health by Time Magazine.

Malaysia Must Strive To Become Tech Nation To Address Low Wage Issue -- Liew

ISKANDAR PUTERI, March 4 (Bernama) -- Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country.

Bank Muamalat Launches ASB Smart Education Financing Plan

KUALA LUMPUR, April 4 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) launched the ASB SMART Education plan today, becoming the first financial institution among Amanah Saham Nasional Bhd (ASNB) agents to offer an Amanah Saham Bumiputera (ASB) financing solution specifically tailored towards education.

Global Supply Crisis A Clear Signal For Malaysia To Speed Up Green Energy Shift - Expert

KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.