Gold Futures End Higher
KUALA LUMPUR, Sept 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today due to expectations of interest rate cuts by the United States Federal Reserve.
| LATEST NEWS | ASEAN welcomes Trump’s comprehensive plan to end Gaza conflict - PM Anwar | ASEAN, US will adopt Joint Vision Statement to promote stronger and more prosperous relations - Anwar | The US has committed to maintain reciprocal tariffs on Malaysia at 19 pct and has identified products to receive a zero pct reciprocal tariff rate - Joint statement | Malaysia has committed to the expedient development of its critical minerals and rare earths sectors in partnership with US companies, including granting extended operating licenses - Joint statement | To support a fair economic relationship, the US Treasury Dept and Bank Negara Malaysia are in discussion to finalise their mutual understanding on currency policy - Joint statement | |
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Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.
Bursa Malaysa Ends On A High Note
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.
Fruitful Outcomes At 24th China International Fair For Investment & Trade
KUALA LUMPUR, Sept 13 (Bernama) -- The 24th China International Fair for Investment & Trade (CIFIT), staged successfully in Xiamen, Fujian Province, saw 688 cooperation agreements signed with a total planned investment of 488.92 billion Chinese yuan. (100 Chinese yuan = RM60.67)
OTC Markets Group To Connect East And West With OTC Overnight
KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.
Investing In Haicang, Xiamen: A Foreign Enterprise Growth
KUALA LUMPUR, Sept 13 (Bernama) -- Foreign company Lifetime (Xiamen) Plastic Products Co Ltd (Lifetime), recently announced it will increase its annual capacity by 6.5 million pieces of multifunctional leisure products made with high-tech materials in Haicang District, Xiamen.
Unmasking Future Beauty Trends - NIQ
KUALA LUMPUR, Sept 13 (Bernama) -- NielsenIQ (NIQ) in its recent Global Beauty Innovation Report revealed that Personal Care Brands embracing innovation in 2023 are 2.5 times more likely to see overall sales growth, compared to those with stagnant or declining innovation sales.
Kura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka Expo
KUALA LUMPUR, Sept 13 (Bernama) -- Kura Sushi Inc, one of the world’s most popular revolving sushi chains, announced it will open a revolving sushi restaurant with 338 seats, the largest number of seats in the world for a company outlet, at the Osaka-Kansai Expo, Yumeshima, Osaka, on April 13, 2025.
Proton's Maiden EV Undergoes Extensive On-Road Testing
KUALA LUMPUR, Sept 13 (Bernama) -- Proton New Energy Technology Sdn Bhd (PRO-NET) has launched an extensive local testing phase for the national car maker’s maiden electric vehicle (EV), the Proton e.MAS 7.
MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence
KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence.
Bursa Malaysia Higher At Midday Following Overnight Gains On Wall Street
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia experienced a positive trend at midday, buoyed by strong gains on Wall Street overnight, while investors await the United States Federal Reserve (Fed) meeting next week.
No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul
KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.