Rubber Market Ends Lower
By K. Naveen Prabu
KUALA LUMPUR, July 3 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in the regional rubber futures markets and losses in crude oil prices, a dealer said.
LATEST NEWS | Pestec International Bhd announces departure of group chief executive officer, Lim Pay Chuan | Services sector remains the primary driver of economic growth in 2Q 2025, with a 5.3 pct growth -- DOSM | The economy is estimated to have grown moderately by 4.4 pct in the first half of 2025 -- DOSM | June 2025's trade fell 1.2 pct y-o-y to RM234.85 billion, exports fell 3.5 pct to RM121.72 billion, while imports rose 1.2 pct to RM113.13 billion -- MITI | Malaysia’s trade surplus rebounded to RM8.59 billion in June 2025 from RM759.9 million in May, marking 62 straight months of surplus since May 2020 -- MITI | |
By K. Naveen Prabu
KUALA LUMPUR, July 3 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in the regional rubber futures markets and losses in crude oil prices, a dealer said.
KUALA LUMPUR, July 3 (Bernama) -- Kenanga Investment Bank Bhd remains bullish on the construction sector, given persistent demand for data centres, underpinned by continued capital expenditure from major technology (tech) firms.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.
KUALA LUMPUR, July 2 (Bernama) -- ABB has unveiled the next generation of its flagship air circuit breaker, the SACE Emax 3, aimed at supporting facilities with high power demands such as data centres, advanced manufacturing plants, hospitals and airports.
KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.
KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.
By Samantha Tan Chiew Tieng
PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.
KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.
KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the United States weighed on sentiment, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.
By K. Naveen Prabu
KUALA LUMPUR, July 1 (Bernama) -- The Malaysian rubber market ended lower today, tracking mixed cues from the regional rubber futures markets amid a stronger ringgit against the United States (US) dollar, a dealer said.