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Bursa Malaysia Opens Higher Tracking Wall Street's Overnight Gains

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia opened higher today, tracking overnight gains on Wall Street, as sentiment was boosted by the potential reversal of US President Donald Trump’s tariff policy, which many view as a negotiation tool, said an analyst. 

Bursa Malaysia Erases Early Gains To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.

VistaJet Sees 17 Pct Rise In 2024 Pet-Friendly Flights

KUALA LUMPUR, June 3 (Bernama) -- VistaJet, the world’s first and only global private aviation company, has reported a 17 per cent increase in flight traffic in 2024, driven by growing demand for pet-friendly summer travel.

Bursa Malaysia Lower At Midday On Renewed US-China Tensions

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia was lower at midday, dragged down by renewed tensions between the United States (US) and China, analysts said. 

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025). 

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s overnight rally despite rising trade tensions between China and the United States (US).

Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China

From Kisho Kumari Sucedaram

BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.

Sarawak Steps Up Role In ASEAN Power Grid, Expands RE Vision -- Awang Tengah

From Karina Imran

OSAKA, May 31 (Bernama) -- Sarawak is stepping up a plan to integrate Borneo into the ASEAN Power Grid (APG), underlining its commitment to regional energy cooperation, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. 

Mah Sing Posts Higher Net Profit Of RM66.04 Mln In 1Q 2025, On Track For Full-Year Sales Target

KUALA LUMPUR, May 30 (Bernama) -- Mah Sing Group Bhd's net profit increased to RM66.04 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.05 million in 1Q 2024, supported by an increase in the property development segment. 

Train Young Sabahans To Become Highly Skilled In O&G Sector – PM Anwar

KOTA KINABALU, May 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged oil and gas (O&G) industry players to play a role in training more young Sabahans, both at the university level and through Technical and Vocational Education and Training (TVET) programmes, to address the sector’s workforce needs.

Federal International Holdings Wins RM64.89 Mln Contract In PJ Selatan

KUALA LUMPUR, May 29 (Bernama) -- Federal International Holdings Bhd’s wholly-owned subsidiary, Federal Builders Industries Sdn Bhd (FBI), has been awarded a RM64.89 million contract by Perumahan Masteron Sdn Bhd (PMSB) for a development project at PJ Selatan Sentral in Petaling Jaya.

MIDF Amanah Anticipates RON95 Fuel Subsidy Rationalisation To Be Pushed To 4Q 2025

KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.