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Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

Energy Transition: ASEAN Countries Urged To Tap Regional, International Cooperation

By Ammar Shafiq Hamzah

KUCHING, June 18 (Bernama) -- ASEAN member countries should take advantage of the various cooperation opportunities and support offered by regional and international partners to advance the transition to renewable energy.

Ringgit Opens Marginally Higher Vs US Dollar, Sentiment Remains Cautious

KUALA LUMPUR, June 18 (Bernama) -- The ringgit was slightly higher against the US dollar at today’s opening with investors remaining cautious ahead of the United States (US) monetary policy outcome due later tonight, an analyst said.

Rubber Market Ends Mixed

By K Naveen Prabu

KUALA LUMPUR, June 17 (Bernama) -- The Kuala Lumpur rubber market closed mixed today amid concerns over global economic stability following the continued escalation in the Middle East. 

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

International Collaboration Crucial For ASEAN’s Sustainable Energy Future -- Fadillah

KUCHING, June 16 (Bernama) -- International collaboration is vital for ASEAN to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

CPO Futures End Higher On Stronger Soybean Oil, Crude Oil Prices

By K NAVEEN PRABU

KUALA LUMPUR, June 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT) and a surge in crude oil prices.

Ringgit Opens Higher Against US Dollar Amid Geopolitical Tension

KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.

Rubber Market Likely To Stay Muted Amid US Tariff Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The local rubber market is expected to stay muted with a sideways trend leaning towards further weakness.

Horizon3.ai Secures US$100 Mln Series D Funding To Lead Autonomous Security Revolution

KUALA LUMPUR, June 12 (Bernama) -- Horizon3.ai, the company behind the NodeZero Autonomous Security Platform, has raised US$100 million in a Series D funding round led by New Enterprise Associates (NEA), with participation from SignalFire, Craft Ventures, and 9Yards Capital. (US$1=RM4.23)

SST: Property Sector To Be Cushioned By Demand For Industrial Properties -- RHB

KUALA LUMPUR, June 12 (Bernama) -- The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.

EBC Expands Multi-Asset Suite With US-Listed ETF CFDs

KUALA LUMPUR, June 12 (Bernama) -- EBC Financial Group (EBC) has launched over 100 new United States (US)-listed Exchange-Traded Fund (ETF) Contract for Differences (CFDs), expanding its multi-asset product suite and offering global client’s deeper access to diversified, thematic trading opportunities.