Ringgit Closes Nearly Flat Versus Greenback Amid Ongoing West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.

MTEN Studying Steps To Diversify Fuel Input Sources Amid Global Energy Crisis - Akmal Nasrullah

KUALA LUMPUR, April 7 (Bernama) -- The National Economic Action Council (MTEN) has studied measures to diversify fuel input sources, strengthen strategic cooperation with key trading partners, and ensure the security of production inputs amid the global energy crisis.

AWC Unit Bags RM22.18 Mln Data Centre Job

KUALA LUMPUR, April 7 (Bernama) -- Main Market-listed engineering services group, AWC Bhd, via its wholly-owned subsidiary, Qudotech Sdn Bhd, has inked a RM22.18 million contract from a joint venture contractor (awarder) in relation to a data centre project.

Singapore Risks Slower Economic Growth, Higher Inflation In 2026 Amid West Asia Conflict -- DPM Gan

By Anas Abu Hassan

SINGAPORE, April 7 (Bernama) -- Singapore expects its economic growth to be affected in the coming quarters amid the ongoing West Asia conflicts, with higher overall inflation projected in 2026, said Deputy Prime Minister Gan Kim Yong.

Bursa Malaysia Ends On A Softer Note Amid Escalating West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.

Bursa Malaysia Continues Downtrend At Mid-Afternoon

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline into mid-afternoon trading, mirroring the broader regional weakness, as investors stayed cautious ahead of United States (US) President Donald Trump’s deadline for Iran to reach a peace agreement.

Malaysia Can Withstand Global Uncertainties Amid Strong Economic Fundamentals -- Economist

BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.

Labuan Port Strengthens Role As Oil And Gas Support Hub

LABUAN, April 7 (Bernama) -- Labuan Port continues to play a strategic role as an industrial support hub, particularly for the oil and gas sector, with about 70 per cent of its cargo activities linked to the industry.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict. 

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

Bumi Armada Eases In Early Trade As CEO Steps Down

KUALA LUMPUR, April 7 (Bernama) -- Offshore production and support services provider Bumi Armada Bhd eased in early trade today after Gary Neal Christenson stepped down from his roles as chief executive officer (CEO), as a member of the company’s board of directors, as well as those of its subsidiaries and joint-controlled entities, with immediate effect. 

KLCI Futures Edge Lower In Early Trade

KUALA LUMPUR, April 7 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Tuesday.