FBM KLCI Futures Lower In Early Session

KUALA LUMPUR, Oct 22 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in early trade on Wednesday.

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street as investors assessed that there was little progress towards de-escalating the trade war and concerns about the United States (US) government shutdown.

CUSTA Doubles To 4,000 Products, Offers Unlimited Customisation

KUALA LUMPUR, Oct 22 (Bernama) -- Homegrown customisation e-commerce platform CUSTA Sdn Bhd has unveiled a full-scale renewal of its service, doubling its catalogue to 4,000 products and introducing unlimited customisation combinations with instant pricing and lead-time visibility.

Ringgit Opens Higher Against US Dollar Amid US Shutdown, US-China Meeting Uncertainty

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday amid the US government shutdown and uncertainty over the meeting between US President Donald Trump and Chinese President Xi Jinping next week, an analyst said. 

IILM’s Short-term Sukuk Portfolio Hits Record US$6.05 Billion

KUALA LUMPUR, Oct 21 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) announced that its outstanding short-term Sukuk portfolio has reached a record high of US$6.05 billion (US$1=RM4.2).

Government Committed To Empowering SMEs Through Various Initiatives – Anwar

KUALA LUMPUR, Oct 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government remains committed to strengthening small and medium enterprises (SMEs) through a range of initiatives, including additional guarantees, financing facilities, and support to enhance innovation and digitalisation.

MITI To Strengthen National Design Ecosystem - Tengku Zafrul

KUALA LUMPUR, Oct 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI), through the Malaysia Design Council (MRM), will continue to strengthen the national design ecosystem through three key priorities.

CPO Futures Close Lower On Expectations of Rising Production

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier gains to close lower on Tuesday, amid expectations of rising production in the coming weeks, said palm oil trader David Ng.

Petronas Partners With Oman's OQEP To Advance Upstream Collaboration

KUALA LUMPUR, Oct 21 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its subsidiary Petronas Carigali Sdn Bhd (Petronas Carigali), has collaborated with OQ Exploration and Production New Ventures LLC (OQEP) to jointly pursue oil and gas exploration and production across the Middle East and Southeast Asia.

Gold Futures Track Weaker COMEX Prices To End Lower

KUALA LUMPUR, Oct 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, tracking the weaker performance of COMEX gold prices.

Appian, IFC Launch US$1 Bln Mining Fund For Emerging Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Appian Capital Advisory Limited (Appian), the investment advisor to long-term value-focused private capital funds, has launched a critical minerals, metals and mining fund for emerging markets in partnership with International Finance Corporation (IFC), a member of the World Bank Group.

INNIO Secures Record 2.3 GW Order To Power AI-Driven Data Centres

KUALA LUMPUR, Oct 21 (Bernama) -- INNIO Group has announced its largest power delivery order to date is a 2.3-gigawatt (GW) power infrastructure project comprising 92 power packs, each capable of generating 25 megawatts (MW).