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PAAB Establishes Malaysia’s First Sustainable Islamic Finance Framework With Blue Finance Elements

KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.

Kao Bioré Expands Into South Korea With Global Campaign Featuring Stray Kids

KUALA LUMPUR, March 19 (Bernama) -- Kao Corporation, a Japan-based manufacturer of cosmetics, personal care and household products, announced its skincare brand Bioré will accelerate its international expansion as it enters the South Korean market and rolls out a globally unified campaign.

Gold Futures Ease Ahead Of Fed Meeting

KUALA LUMPUR, March 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives slipped at the close today as markets await the decision from the United States Federal Open Market Committee (FOMC) meeting today, coupled with losses in the US COMEX gold market,  

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Walton Unveils US Land Fund For Offshore Investors

KUALA LUMPUR, March 18 (Bernama) -- Walton Global (Walton), a real estate investment, land banking and land asset management company, has launched the United States (US) Land Income & Growth Fund for offshore investors.

EdgeConneX Breaks Ground On AI-Ready Hyperscale Campus In Greater Osaka

KUALA LUMPUR, March 18 (Bernama) -- EdgeConneX, a pioneer in global Build-to-Suit and Build-to-Density data centre solutions, has commenced development of its first 200-megawatt (MW), artificial intelligence (AI)-ready data centre campus in Greater Osaka.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Gold Futures Close Firmer, Tracking US COMEX Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.

EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Checkmarx Unveils AI-Native Security Platform

KUALA LUMPUR, March 17 (Bernama) -- Checkmarx, a leader in agentic application security, has unveiled its new Checkmarx One platform built for the new era of artificial intelligence (AI) development.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand.