Bursa Malaysia Ends Marginally Higher
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia closed marginally higher today as gains in plantation counters were trimmed by profit-taking activities in selected index-linked financial services heavyweights.
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Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.
FBM KLCI Recoups Most Of Earlier Losses At Midday, Lifted By Public Bank, Axiata
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index recovered almost all of its earlier losses at midday, boosted mainly by Public Bank and Axiata.
Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
Gold Futures End Lower As Investors Shift Focus, Diverging From COMEX Gains
KUALA LUMPUR, Nov 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, contrary to the positive trend seen in the United States COMEX gold market.
Inaugural WIC Highlights Saudi’s Leadership In Global Investment Opportunities
KUALA LUMPUR, Nov 26 (Bernama) -- The 28th World Investment Conference (WIC) was officially launched today in Riyadh by Invest Saudi and the World Association of Investment Promotion Agencies (WAIPA).
Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.
TD Furniture Eyes 30 Pct Growth With AI, Smart Factory Tech
From Syamsiah Sahat
GUANGZHOU, Nov 26 (Bernama) -- TD Furniture Group, a leading Malaysian manufacturer of sofas and cabinets, is set to ramp up production by as much as 30 per cent, a move poised to add approximately RM7.0 million to its bottom line next year.
Ringgit Opens Lower As Greenback Gains Ground
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines.
Bursa Malaysia Maintains Positive Momentum To Close Higher, CI Up 0.48 Pct
By Zarul Effendi Razali
KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia maintained its upward momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses.