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Cautious Sentiment Drags Bursa Malaysia Lower At The Close

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.

PM Anwar Courts Japanese Investments In Semiconductors, AI And Quantum Computing

From Mohd Iswandi Kasan Anuar

TOKYO, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Japanese companies to continue expanding their investments in Malaysia, particularly in high-technology sectors such as semiconductors, artificial intelligence (AI), quantum computing and digital industries.

West Asia Crisis Pushed Malaysia’s Fuel Subsidy Bill To RM7.5 Bln In April

KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Bursa Malaysia Ends Morning Session Slightly Higher

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia recovered into positive territory by lunch break, supported by buying interest in selected heavyweights led by three counters.

Malaysia's Role As Strategic Semiconductor Hub More Vital Amid Global Supply Chain Shift

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.

Bursa Malaysia Slips At Open, Gainers Outpace Losers

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.

MPRC Should Take Stronger Role To Help OGSE Companies Expand Globally -- Akmal Nasrullah

PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Lower As West Asia Tension, Tech Sell-off Weigh On Global Markets

By Harizah Hanim Mohamed

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

West Asia Conflict Drives Near-Term APAC Coal Demand Spike -- Rystad Energy

KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.

Gas Malaysia Advances Energy Security, Resilience Via Partnership With Tokyo Gas, VTTI

KUALA LUMPUR, June 8 (Bernama) -- Gas Malaysia Bhd, a unit of MMC Corporation Bhd, took a significant step in strengthening Malaysia’s energy security with the signing of a joint development agreement with Tokyo Gas Co Ltd and VTTI BV for the proposed development of a liquefied natural gas (LNG) regasification terminal (RGT) in Yan, Kedah.

Anwar's Japan Visit To Advance Cooperation In Economy, Science, Technology

TOKYO, June 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Japan is expected to provide strategic opportunities for Malaysia to expand cooperation in the fields of the economy, science and technology, as well as capacity building.