Bursa Malaysia Pares Gains But Stays Up For Second Straight Day

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia pared gains but still ended up for the second straight session on Wednesday, supported by buying of selected counters in consumer products and services, as well as telecommunications and media sectors.

FBM KLCI Stages Rebound On Late Bargain Hunting

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia rebounded from last Friday’s loss to close higher on Tuesday as late buying lifted the key index amid a mixed regional market performance and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Thursday.

PNB Confirms Ongoing Talks On Highway Assets, Process Still At Early Stage

KUALA LUMPUR, Aug 29 (Bernama) -- Permodalan Nasional Bhd (PNB) today confirmed that discussions are ongoing with several parties regarding its highway assets in Projek Lintasan Kota Holdings Sdn Bhd (Prolintas).

Bursa Malaysia Ends Lower On Profit-taking Ahead Of Long Weekend

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia close lower today as investors locked in profits ahead of the long weekend and the release of US inflation data later tonight, said an analyst.

Ringgit Extends Gain To Open Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.

Bursa Malaysia Reverses Earlier Gains To End Slightly Lower

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia gave up earlier gains to end marginally lower as persistent selling pressure emerged in the afternoon session, despite the mostly higher regional market performance.

FBM KLCI Closes At Intraday High After Sluggish Session, CI Up 0.40 Pct

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended in positive territory, with the index closing at its intraday high after a sluggish session, buoyed by late buying interest and strong corporate earnings announcements, said Rakuten Trade Sdn Bhd.

Government Commits To Continuing Fiscal Reforms -- Amir Hamzah

KUALA LUMPUR, Aug 27 (Bernama) -- The government is committed to continuing fiscal reform initiatives, including the Medium-Term Revenue Strategy (MTRS), to enhance revenue collection and review public expenditure, ensuring efficiency and effectiveness.

Malaysia Remains Competitive Despite New US Tariff Rates - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has reiterated that Malaysia remains in an overall competitive position despite the new tariff rates imposed on the country by the United States.

Bursa Malaysia Ends Lower On Profit-taking, Tracking Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.