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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.
By Anas Abu Hassan and Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia closed mixed today with the benchmark index slipping 0.15 per cent due to profit-taking in selected blue chips, despite improving sentiment in key regional market performance, an analyst said.
From Siti Radziah Hamzah
TASHKENT, June 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof today invited more Uzbek companies and investors to explore the Malaysian market.
SEREMBAN, June 24 (Bernama) -- SD Guthrie Bhd (SD Guthrie) and Menteri Besar Incorporated Negeri Sembilan (MBINS) will develop the Port Dickson Free Zone (PDFZ) in Pasir Panjang, Port Dickson, covering an area of 242.8 hectares (600 acres) with a gross development value (GDV) projected to exceed RM1 billion.
KUALA LUMPUR, June 24 (Bernama) -- The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities investing at least 20 per cent in local startups, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened marginally lower on Tuesday as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.
By Anas Abu Hassan and Danni Haizal
KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.
GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.
