FBM KLCI Futures Likely To Trade Range-bound With Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to stay range-bound next week, with a slight upward bias as bargain-hunting activities continue to emerge.

Bursa Malaysia Seen Trading With Slight Uptrend Next Week

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may provide support to selected heavyweights.

Rubber Market To Trade With Lower Bias Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 23 (Bernama) -- The rubber market is expected to trade with a lower bias next week, driven by fresh rubber supply following the end of the wintering period, said industry expert Denis Low.

Transparency, Governance Key For Strategic GLCs Investments - Anwar

KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.

Gold Futures Close Lower On Stronger US Dollar, Fed Rate-hike Bets

KUALA LUMPUR, May 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance in the United States COMEX market as the US dollar strengthened on higher crude oil prices which raised expectations for interest rate hikes by the US Federal Reserve.

Ringgit Ends Three-day Rally Against US Dollar Amid Geopolitical Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, May 22  (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.

Bursa Malaysia Ends Higher On Bargain Hunting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions. 

InterSystems Opens Jakarta Office To Expand Indonesia Presence

KUALA LUMPUR, May 22 (Bernama) -- InterSystems, a creative data technology provider headquartered in Boston, has expanded its Indonesia presence with the opening of a new office in Jakarta.

Malaysia’s Aerospace Workforce Exceeds 35,000 In 2025, Surpassing MAIB 2030 Target

SHAH ALAM, May 22 (Bernama) -- Malaysia’s aerospace, maintenance, repair and overhaul (MRO) and manufacturing sectors have employed more than 35,000 highly skilled workers in 2025, exceeding the initial target of over 30,000 by 2030 set under the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030).

Johor Super Lane Speeds Up Projects, Supports Investment Target Of RM140 Bln

JOHOR BAHRU, May 22 (Bernama) -- The Johor Super Lane (JSL) initiative, a fast-track mechanism that has cut the operational timeline for industrial projects to just 11 months, is expected to be a key driver in helping the state achieve its RM140 billion investment target this year.

ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.

Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, May 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, despite weaker performance in the United States (US) COMEX market, supported by safe-haven demand.