Bursa Malaysia Tracks Global Markets To Open Lower
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.
KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.
BANGKOK, June 6 (Bernama) -- Malaysia is stepping up efforts to expand its franchise footprint in Thailand, with Perbadanan Nasional Bhd (Pernas) targeting potential sales of RM30 million through its participation in the Thailand Franchise and Business Opportunities (TFBO) 2026 exhibition.
KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.
KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.
SEREMBAN, June 5 (Bernama) -- The High Court here today granted ad interim injunctions against six plaintiffs in an ongoing dispute involving the Negeri Sembilan Dewan Keadilan dan Undang (DKU), restraining them from, among other actions, convening or holding any DKU meeting, including the Special Sitting that had been scheduled for today.
KUALA LUMPUR, June 5 (Bernama) -- The increase in the biodiesel mandate from B10 (10 per cent palm-oil-based biodiesel) to B15 will reduce the country’s reliance on export markets, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek.
By M.Saraswathi
KUALA LUMPUR, June 5 (Bernama) -- Khazanah Nasional Bhd and other government-linked investment companies (GLICs) should continue to identify and nurture more high-potential companies like SkyeChip Bhd to strengthen Malaysia’s position in high-growth technology sectors, particularly semiconductors, artificial intelligence (AI) infrastructure, advanced electronics and digital technologies.
KUALA LUMPUR, June 5 (Bernama) -- Crude oil and condensate production recorded a year-on-year decline of 5.5 per cent to 43 million barrels in the first quarter of 2026 (1Q 2026) compared to 45.5 million barrels in the same period last year.
KUALA LUMPUR, June 5 (Bernama) -- UEM Sunrise Bhd is poised for stronger earnings momentum ahead, supported by new project launches and solid unbilled sales, according to Hong Leong Investment Bank Bhd (HLIB).
By Harizah Hanim Mohamed
KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.