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FBM KLCI Stays Lower At Midday Amid Mixed Regional Markets

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia remained lower at lunch break while the regional market performance was mixed amid positive sentiment underpinned by expectations of easing trade tension between China and the US.

Curia Burlington Named Massachusetts Manufacturer Of The Year

KUALA LUMPUR, Oct 22 (Bernama) -- Curia Global Inc (Curia) announced its Burlington, Massachusetts, sterile drug product facility has been named “Manufacturer of the Year” by the Massachusetts Legislative Manufacturing Caucus.

Hologic To Be Acquired By Blackstone, TPG In US$18.3 Bln Deal

KUALA LUMPUR, Oct 22 (Bernama) -- Hologic Inc announced it has entered into a definitive agreement to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to US$79 per share, representing an enterprise value of up to US$18.3 billion. (US$1=RM4.22)

Global Game-Changers: Bloomberg Names 2025 New Economy Catalysts

KUALA LUMPUR, Oct 22 (Bernama) -- Bloomberg New Economy and Bloomberg Businessweek have unveiled the 2025 New Economy Catalysts—a powerhouse cohort of innovators tackling humanity’s greatest challenges with bold ideas and real-world impact.

BNM Boosts Transparency, Requires Banks To Issue Written Notices To Accounts Closed Under AMLA -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) has strengthened transparency in the handling of appeals of closed bank accounts by requiring financial institutions to issue written notices to affected account holders, said the Finance Ministry.

Malaysia Should Consider Hybrid Oil Palm Materials Proven Successful In Colombia -- Industry Veteran

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia should explore the introduction of hybrid oil palm materials proven successful in Colombia to combat diseases, said industry veteran Abdul Rahim Syed Mohd.

FBM KLCI Futures Lower In Early Session

KUALA LUMPUR, Oct 22 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in early trade on Wednesday.

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street as investors assessed that there was little progress towards de-escalating the trade war and concerns about the United States (US) government shutdown.

CUSTA Doubles To 4,000 Products, Offers Unlimited Customisation

KUALA LUMPUR, Oct 22 (Bernama) -- Homegrown customisation e-commerce platform CUSTA Sdn Bhd has unveiled a full-scale renewal of its service, doubling its catalogue to 4,000 products and introducing unlimited customisation combinations with instant pricing and lead-time visibility.

Ringgit Opens Higher Against US Dollar Amid US Shutdown, US-China Meeting Uncertainty

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday amid the US government shutdown and uncertainty over the meeting between US President Donald Trump and Chinese President Xi Jinping next week, an analyst said. 

IILM’s Short-term Sukuk Portfolio Hits Record US$6.05 Billion

KUALA LUMPUR, Oct 21 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) announced that its outstanding short-term Sukuk portfolio has reached a record high of US$6.05 billion (US$1=RM4.2).

Government Committed To Empowering SMEs Through Various Initiatives – Anwar

KUALA LUMPUR, Oct 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government remains committed to strengthening small and medium enterprises (SMEs) through a range of initiatives, including additional guarantees, financing facilities, and support to enhance innovation and digitalisation.