Khazanah Has Invested Over RM6 Bln In Developing Medini Iskandar, Desaru Coast - MOF

KUALA LUMPUR, Oct 28 (Bernama) -- Khazanah Nasional Bhd has invested over RM6 billion in the development of Medini Iskandar and Desaru Coast in Johor to date, according to the Ministry of Finance (MoF).

CPO Futures Close Lower On Concerns Over Weak Demand, Rising Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over weak demand and rising output of the commodity in the coming weeks.

Gold Futures Close Lower On Profit-taking As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Tuesday as global gold prices eased amid reduced demand for safe-haven assets following easing geopolitical tensions in Asia. 

Gamuda Shares Flat Despite RM469 Mln Australian Contract Win

KUALA LUMPUR, Oct 28 (Bernama) -- Shares of Gamuda Bhd were largely unmoved in early trade despite its joint venture with DT Infrastructure (DTI) securing the RM469 million Richmond road upgrade contract in New South Wales, Australia.

Lower Tariff To Boost Malaysian Palm Oil Competitiveness In US Market – MPOB

By Nurul Hanis Izmir

PUTRAJAYA, Oct 27 (Bernama) --  Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.

Gold Futures Close Lower On Profit-Taking As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Monday as another round of profit-taking hit the market, with signs of easing US-China trade tensions reducing safe-haven demand.

Rubber Market Closes Flat Amid Mixed Regional Futures Cues

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 27 (Bernama) -- The Malaysian rubber market closed flat today amid mixed cues from the regional rubber futures markets and gains in crude oil prices, a dealer said.

Insights Analytics ACE Market Debut Raises RM43.56 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- Sarawak-based technology solutions provider Insights Analytics Bhd made its debut on the ACE Market of Bursa Malaysia Securities Bhd today, raising RM43.56 million from its public issue of 121 million new shares at an issue price of 36 sen per share.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Rubber Market Likely To Rise Next Week On Supply Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- The Malaysian rubber market is expected to trend higher next week as persistent heavy rains in major rubber-producing countries, namely Thailand and Malaysia, continue to hamper productivity and raise concerns over supply shortages.

Gold Futures Likely To Trade Cautiously Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, hovering within a narrow range of US$4,050 to US$4,100 per ounce as market participants reassess positions amid ongoing profit-taking.