Gold Futures Rise Amid Global Gold Rush Fuelled By Central Banks' Demand

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives strengthened today, following a global gold rush driven by persistent demand from central banks, said an analyst.

CapitaLand Malaysia Trust To Buy Three Freehold Industrial Properties In Johor For RM72 Mln Cash

KUALA LUMPUR, Feb 5 (Bernama) -- CapitaLand Malaysia Trust (CLMT) has signed an agreement to acquire three freehold industrial properties in Johor from Gromutual Bhd subsidiary, Rainbow Entity Sdn Bhd (RESB), for RM72 million cash.

Ingredion Reports Strong Q4 FY2024, Sets Strong 2025 Outlook 

KUALA LUMPUR, Feb 5 (Bernama) -- Ingredion Incorporated, a global provider of ingredient solutions, reported a net sales of US$1.8 billion for the fourth quarter (Q4) ended Dec 31, 2024 (FY2024) from US$1.921 billion, down six per cent for the same period previous year. (US$1=RM4.42)

FBM KLCI Futures Closes Higher

KUALA LUMPUR, Feb 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher today, tracking the underlying cash market performance. 

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Ringgit Rises Further Against US Dollar At The Close

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.  

Yandex Launches Open-source Perforator To Optimise Server Performance, Cut Costs

KUALA LUMPUR, 5 Feb (Bernama) -- Yandex, a global tech company, has introduced Perforator, an open-source tool designed to provide continuous real-time monitoring and analysis of servers and applications.

Khazanah Continues To Diversify, Strengthen Global Portfolio, Driving Value Creation For Malaysia - MD

KUALA LUMPUR, Feb 5 (Bernama) -- Khazanah Nasional Bhd will continue to diversify and strengthen its global portfolio in 2025 amid a not-so-easy and volatile global environment, managing director Datuk Amirul Feisal Wan Zahir said.

MAHB: PAC Must Use Proper Channels To Seek Explanation, Clarification - Loke 

PUTRAJAYA, Feb 5 (Bernama) -- Transport Minister Anthony Loke today emphasised that the Public Accounts Committee (PAC) is required to adhere to proper channels when seeking any explanations from his Ministry, including on Malaysia Airports Holdings Bhd’s (MAHB) share sales.

Trade War Will Not Hinder Malaysia's GDP Growth For 2025 - Rafizi

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia is on track to meet its 2025 gross domestic product (GDP) growth target despite the risks posed by the tariff war, said Economy Minister Datuk Seri Rafizi Ramli.

KL Shares End Broadly Higher Led By Construction, Utility Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 5 (Bernama) -- Shares on Bursa Malaysia closed broadly higher with buying mainly in construction, properties, utilities, and technology sectors, analysts said.

Polyplastics To Launch 40 Pct Glass-filled Recycled DURAFIDE PPS

KUALA LUMPUR, 5 Feb (Bernama) -- Polyplastics Co Ltd, a global leader in engineering plastics, has announced plans to launch a 40 per cent glass-reinforced grade of DURAFIDE rG-PPS by December this year, as part of its mechanical recycling business.