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CPO Futures Reach 28-month High

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday, reaching a 28-month high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.

Ringgit Edges Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial week, said an analyst.

Bursa Malaysia Ends Lower On Regional Jitters As US Election Uncertainty Weighs

By NurulJannah Kamaruddin

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia mirrored regional jitters to end lower as the US election nears with polls indicating a closely contested race.

ICEF2024: Initiative Towards Green Transformation Realisation  

KUALA LUMPUR, Oct 30 (Bernama) -- The 11th Annual Meeting of the "Innovation for Cool Earth Forum" (ICEF2024) that took place in Tokyo, Japan, on Oct 9-10, gathered approximately 1,700 participants from 93 countries and regions.

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.

CSOP: Saudi's Initial Foray In Hong Kong-listed Shares Focusing On Chinese Firms

KUALA LUMPUR, Oct 30 (Bernama) -- CSOP Asset Management Limited (CSOP) announced it is part of the introduction of the Albilad CSOP MSCI Hong Kong China Equity exchange-traded fund (ETF) (symbol: 9410) on the Saudi Stock Exchange (Tadawul) on Oct 30.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Malaysia’s Direct Selling Industry Sees New Horizons With Potential BRICS Membership

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 30 (Bernama) – Malaysia’s direct selling industry stands to gain significantly from the country’s interest in joining the BRICS economic bloc, says the Malaysia Direct Distribution Association (MDDA).

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030. 

Budget 2025 To Drive Construction Sector Productivity -- MPC

KUALA LUMPUR, Oct 30 (Bernama) -- Budget 2025 has brightened the construction sector prospects with a focus on developing quality infrastructure, strengthening strategic investments, and ensuring that all sectors function in an inclusive and sustainable manner.

Malaysia Collects RM500 Mln In Anti-dumping Duties Between 2016 To June 2024 -- Liew

KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has collected an estimated RM500 million in anti-dumping duties between 2016 and June 2024 to mitigate the effects of “unfair” imports, said the Ministry of Investment, Trade and Industry (MITI).

FBM KLCI Futures Open Weaker

KUALA LUMPUR, Oct 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened weaker in early trade today.