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Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Intel CEO To Meet Trump At White House On Monday

WASHINGTON, August 11 (Bernama-Sputnik/RIA Novosti) -- Intel CEO Lip-Bu Tan is set to meet with US President Donald Trump at the White House on Monday to discuss cooperation between his company and the US government, reported Sputnik/RIA Novosti quoting a Wall Street Journal report, citing sources.

Ringgit Opens Higher Against Greenback

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts said.

Ringgit Likely To Trade Cautiously Next Week Amid US Tariff Concerns

KUALA LUMPUR, Aug 9 (Bernama) -- The ringgit is anticipated to trade cautiously against the dollar next week as investors monitor external developments, particularly regarding United States tariffs.

Rubber Market Ends Higher On Regional Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market ended higher today supported by an uptrend in regional rubber futures markets, a dealer said.

Bursa Opens Nearly Flat On Lingering US Tariff Worries

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia opened nearly flat on Friday after a mixed overnight performance on Wall Street, as investors turned cautious over the impact of US President Donald Trump’s tariffs.

CIMB: Portion Of Malaysia’s Semiconductor Exports May Qualify For US Tariff Exemption

KUALA LUMPUR, Aug 7 (Bernama) -- CIMB Treasury and Markets Research economists believe that  a portion of Malaysia’s semiconductor exports may qualify for exemption from the United States’ (US) 100 per cent tariff on imported chips.

Trump Demands Resignation Of Intel Chief Executive Lip-bu Tan

WASHINGTON, Aug 7 (Bernama-dpa) -- United States (US) President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan, after a US senator accused the chip manager of being too close to China, German Press Agency (dpa) reported. 

Malaysia’s Semiconductor Exports still Exempted From Reciprocal Tariffs -- Miti

KUALA LUMPUR, August 7 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) reiterated that Malaysia’s semiconductor exports to the United States (US) are currently still exempted from reciprocal tariffs.

Bursa Rises After Soft Start, Tracks Wall Street Gains

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia edged slightly higher on Thursday after a weak start, as investors took a cautious cue from Wall Street’s overnight gains ahead of a closely watched tariff announcement by US President Donald Trump.

MITI Projects Approved Investments Of RM104 Bln In 2025

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).

MITI Projects 2025 Approved Investments Of RM104 Bln For Manufacturinig And Services

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).