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Malaysia And ASEAN To Reap Spillover Benefits From FIFA World Cup 2026

KUALA LUMPUR, June 11 (Bernama) -- Malaysia is set to gain from the FIFA World Cup 2026 competition starting this week in areas such as digital commerce, media consumption, payments, logistics and cross-border business, a top foreign banker said today.

CPO Prices Seen Higher In 2H 2026 On El Nino, Biofuel Demand

KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) prices are expected to trade higher in the second half of 2026 (2H 2026), supported by the likelihood of a strong El Niño and elevated soybean and rapeseed oil prices amid rising biofuel demand, CGS International Securities Malaysia Sdn Bhd said.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

CPO Futures End Mostly Higher On Stronger Export Estimates, Lower Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 10 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly higher today on stronger export estimates and lower production after data from the Malaysian Palm Oil Board (MPOB) showed a month-on-month decline in output, a trader said.

Anwar: Visit To Japan Strengthens Investment, AI And Trade Ties

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- The official visit of Prime Minister Datuk Seri Anwar Ibrahim to Japan focuses on efforts to strengthen bilateral economic relations, particularly in attracting investment and trade, as well as high-tech sectors that have a direct impact on the people's economy.

Gold Futures End Lower Amid Persistent Selling Pressure

By Danni Haizal Danial Donald

KUALA LUMPUR, June 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the decline in the US COMEX market amid persistent selling activity that dampened market sentiment.

Ringgit Eases Against Greenback Ahead Of US CPI Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 10 (Bernama) -- The ringgit ended lower against the US dollar today as market sentiment remained cautious ahead of the release of the United States’ May Consumer Price Index (CPI) data.

Bursa Malaysia Gains At The Close As Investors Rotate Into Defensive Stocks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.

Holafly Names ATP Star Francisco Cabral Global Brand Ambassador

KUALA LUMPUR, June 10 (Bernama) -- Holafly, the global leader in travel eSIMs, has announced a new partnership with ATP Top 20 doubles player Francisco Cabral, who will serve as its global brand ambassador.

Data Centre Projects To Sustain Construction Sector Growth -- MBSB IB

KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).

Bursa Malaysia Extends IDSS Suspension On Tanco Shares

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia suspended intraday short-selling (IDSS) of Tanco Holdings Bhd for the remainder of today's trading session, the second consecutive day the restriction has been imposed after the stock breached its price limit.

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.