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Bursa Malaysia Opens Lower Amid Renewed West Asia Tensions

By Karina Imran

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.

KLCI Futures Open Lower

KUALA LUMPUR, May 5 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Tuesday, tracking the decline in the cash market.

Ringgit Steady Against US Dollar Ahead Of MPC Decision

KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.

Malaysia Welcomes Embraer's Interest To Explore Opportunities, Including Potential Assembly Operations - Johari

KUALA LUMPUR, May 4 (Bernama) -- Malaysia welcomes Brazilian aerospace company Embraer’s interest in exploring opportunities in the country, including the potential establishment of assembly operations, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Indonesia Plans Export Duties, Windfall Tax On Coal And Nickel To Ease Subsidy Burden

JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.

Japan, Malaysia Must Work Even Closer To Elevate Industrial Cooperation -- Envoy

KUALA LUMPUR, May 4 (Bernama) -- Japan and Malaysia must work even more closely to elevate industrial cooperation, seize new opportunities and build resilience in an uncertain global environment.

CPO Futures End Higher, Tracking Gains In Crude & Soybean Oil Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, tracking gains in the crude oil and soybean oil markets, a trader said.

SCIB Gets Shareholder Nod For RM151.19 Mln Disposal Exercise

KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).

Gold Futures End Lower On Hawkish Inflation Signals

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, tracking the softer COMEX gold futures performance, as investors digested hawkish stances on inflation by major central banks.

Malaysia’s GDP Seen To Moderate To 4.2 Pct In 2026 -- MBSB IB

KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is likely to moderate to 4.2 per cent this year, compared with 5.2 per cent in 2025, driven by growing domestic demand alongside still-resilient external demand, according to MBSB Investment Bank Bhd (MBSB IB).

Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.

AGC Biologics Expands Deal With Novelty Nobility For Antibody Production

KUALA LUMPUR, May 4 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has expanded its manufacturing agreement with South Korea-based biotech company Novelty Nobility to advance a bispecific antibody drug candidate.