Bursa Malaysia Opens Lower Amid Wall Street Mixed Performance
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower this morning amid Wall Street’s mixed performance overnight, said an analyst.
| LATEST NEWS | The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | SEB has more than 2,000 vendors, many of which are SMEs employing about 59,000 core employees in the oil and gas industry - PNB | Investment by Malaysia Development Holdings Sdn Bhd in SEB will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors - PNB | |
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GLIC's Domestic Investment Strengthens Economy, Resistance Against External Impacts
KUALA LUMPUR, Feb 27 (Bernama) – Domestic strategic investments by government-linked investment companies (GLICs) are becoming increasingly important and play a key role in strengthening Malaysia's economy from within, and improving resilience against external impacts.
CPO Futures Expected To Trade Between RM4,000-RM4,600 A Tonne Until March 31 - Industry Expert
KUALA LUMPUR, Feb 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) is expected to trade between RM4,000 per tonne and RM4,600 per tonne from now until March 31, 2025.
Ringgit Continues To Weaken Against US Dollar
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit extended its decline against the greenback at today’s close, following a weaker-than-expected United States consumer confidence report.
Rubber Market Ends Mixed Amid Global Trade Uncertainties
KUALA LUMPUR, Feb 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, weighed by a downtrend in the regional rubber futures market amid global trade uncertainties, said a dealer.
NX Group Unveils Key Visual, Concept Movie To Highlight Global Logistics Expertise
KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Express Holdings Inc has launched a new key visual titled "Anything to Anywhere" to showcase the strengths of the NX Group in global logistics.
Malta Tops Global Citizenship Index, Greece Leads Residence Rankings In 2025
KUALA LUMPUR, Feb 26 (Bernama) -- Malta has maintained its position at the top of the 2025 Global Citizenship Program Index for the 10th consecutive year, while Greece climbed to the top of the 2025 Global Residence Program Index for the first time, underscoring the dominance of European investment migration programmes.
MITI Commits To Steel Industry Sustainability, Engages Industry Players
KUALA LUMPUR, Feb 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reaffirmed its commitment to restructuring Malaysia’s steel industry to enhance sustainability, recognising it as a strategic sector for the country.
Bursa Malaysia Ends Morning Trading Session In Positive Territory
KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the morning trading session in positive territory, buoyed by improved sentiment and buying in selected heavyweights.
Anaqua Acquired By Nordic Capital To Boost IP Management Growth
KUALA LUMPUR, Feb 26 (Bernama) -- Anaqua has announced that Nordic Capital, a technology & payments private equity investor, has acquired a controlling interest in the company from Astorg.
ASEAN Must Build Resilient Supply Chains To Navigate Geostrategic Shifts – PM Anwar
KUALA LUMPUR, Feb 26 -- ASEAN must build a robust and resilient supply chain ecosystem within the region to withstand looming geostrategic challenges, such as the recent tariffs imposed by the United States and the counter-tariffs by those on the receiving end, said Prime Minister Datuk Seri Anwar Ibrahim.
Govt Adding Export Markets, Strengthens Diplomacy To Address Economic Uncertainty - MITI
KUALA LUMPUR, Feb 26 (Bernama) -- The government is taking measures to mitigate the negative impact of global economic uncertainties on international trade by expanding export destinations and strengthening trade diplomacy, said the Ministry of Investment, Trade and Industry (MITI).