Ringgit Weighed Down By Rising Fuel Prices, Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.

Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, June 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose today, mirroring gains on the US COMEX market, as investors sought safe-haven assets amid ongoing global economic and geopolitical uncertainties.

Ringgit Ends Lower Against The US Dollar As Global Uncertainties Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, June 4 (Bernama) -- The ringgit ended lower against the US dollar on Thursday on cautious sentiment over rising fuel prices, unresolved geopolitical tensions and global trade uncertainties.

Bursa Malaysia Ends On Firmer Note Amid Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia ended on a firmer note today, outperforming a broadly weaker regional market, as local sentiment was supported by bargain hunting in oversold blue-chip stocks following the benchmark index’s recent slide.

TNB Delivers 4.3 GW Installed Renewable Energy Capacity To Support Energy Transition

KUALA LUMPUR, June 4 (Bernama) -- Tenaga Nasional Bhd (TNB) has delivered 4.3 gigawatts (GW) of installed renewable energy capacity as the utility continues to support the country’s energy transition agenda.

Bursa Malaysia Reverses Earlier Gains To End Lower, Dragged By Losses In Telco, Banking Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier gains to end lower on Wednesday, weighed down by losses in telecommunications and banking sectors, despite a broadly positive performance across Asian markets.

Malaysia Must Build Cleaner, Smarter, Interconnected And Future-Ready Energy Ecosystem -- Mohd Shahar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 3 (Bernama) -- Malaysia must focus on building an energy ecosystem that is cleaner, smarter, more interconnected and future-ready under the 13th Malaysia Plan (MP13), said Deputy Economy Minister Datuk Mohd Shahar Abdullah.

AM Best Maintains Stable Outlook On Philippines Non-Life Insurance Segment

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on the Philippines’ non-life insurance segment, citing robust growth prospects driven by economic expansion and a pipeline of large domestic infrastructure projects.

Vista Leverages Floating Fleet Model To Maintain Operation Efficiency Amid Geopolitical Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, June 3 (Bernama) -- Global private aviation company Vista Global Holding Ltd (Vista) leverages its floating fleet model to maintain operational efficiency and service resilience amid heightened geopolitical uncertainties.

Gold Futures Likely To Remain Well Supported Next Week

KUALA LUMPUR, May 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain well supported next week as investors assess the sustainability of easing geopolitical tensions in West Asia.

KLCI Futures Likely To Trade Range-bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, May 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trade range-bound with a downward bias next week, as investors assess developments around the West Asia conflict amid a shortened trading week.

Bursa Malaysia Likely To Trade Range-bound In Holiday-Shortened Week

By Danni Haizal Danial Donald

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a downward bias next week due to the shortened trading week.