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Bursa Malaysia Lower At Midday Amid Weaker Regional Market Performance

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia eased at midday today, tracking weaker regional performance as investors remained cautious over potential de-escalation in West Asia.

Rubber Market Ends Lower On Mixed Regional Market Performance

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 26 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, dragged by mixed regional rubber futures markets, a dealer said.

Bursa Malaysia Lower At Midday On Selling Activities

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia stayed lower at midday, weighed down by persistent selling activities in selected heavyweights, led by utilities, telecommunications and media, as well as consumer products and services sectors. 

Bursa Malaysia Opens Lower Amid Early Profit-taking

By Danni Haizal Danial Donald

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia opened lower on Tuesday as early profit-taking emerged amid weaker crude oil prices, following signs of a potential de-escalation in tensions between the United States (US) and Iran.

Ringgit Closes Higher Against US Dollar On Hopes Of US-Iran Deal

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 25 (Bernama) -- The ringgit closed higher against the US dollar on Monday, driven by hopes of a resolution to the war between the United States (US) and Iran although conditions remained highly fluid.

Kuala Lumpur Rubber Market Ends Mixed, Tracking Regional Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday while tracking the performance of regional rubber futures markets, a dealer said.

AIFA To Acquire Controlling Stake In HyalRoute For About US$2.31 Bln

KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)

Singapore Maintains 2026 GDP Growth Forecast At 2.0-4.0 Pct

By Anas Abu Hassan

SINGAPORE, May 25 (Bernama) -- Singapore’s economy is expected to maintain growth of 2.0 per cent to 4.0 per cent in 2026 despite rising downside risks of the West Asia conflict, according to the Ministry of Trade and Industry (MTI).

Ringgit Opens Higher Against Greenback On Improved Sentiment

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United States and Iran.

Gold Futures Set To Trade Cautiously Next Week Amid Rising US Yields, West Asia Tensions

KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.

Ann Joo's Unit Has New Potential Buyer After Deal With Southern Steel Falls Through

KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.

Hektar REIT Proposes RM125 Mln Deal To Acquire, Lease International School

KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.