1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move rangebound next week, in line with the underlying cash market, an analyst said.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Inkia Energy, through its wholly-owned subsidiary Kallpa, has received environmental approval for the expansion of its solar power plant currently under construction in Southern Peru, a global solar resource hub.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Nippon Express Holdings Inc (NXHD) has announced the successful completion of its acquisition of all shares in German-based SH HoldCo GmbH (Simon Hegele), a group of companies specialising in contract logistics in the healthcare industry.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
1y ago
PETALING JAYA, Oct 11 (Bernama) -- The government expects more digital investment to flow into Malaysia in 2025, said Digital Minister Gobind Singh Deo.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.