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Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

Malaysia, Japan Agree On Energy Security, Nuclear And Critical Minerals Cooperation

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- Malaysia and Japan today agreed to deepen cooperation on energy security and civil nuclear power, as both countries seek to strengthen resilience against global supply disruptions and growing geopolitical uncertainty.

Anwar: Visit To Japan Strengthens Investment, AI And Trade Ties

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- The official visit of Prime Minister Datuk Seri Anwar Ibrahim to Japan focuses on efforts to strengthen bilateral economic relations, particularly in attracting investment and trade, as well as high-tech sectors that have a direct impact on the people's economy.

Gold Futures End Lower Amid Persistent Selling Pressure

By Danni Haizal Danial Donald

KUALA LUMPUR, June 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the decline in the US COMEX market amid persistent selling activity that dampened market sentiment.

HRX Launches SME-Focused Solution To Simplify Payroll And Workforce Management

KUALA LUMPUR, June 10 (Bernama) -- HRX by IFCA MSC Bhd has launched a new small and medium enterprises (SME)-focused initiative to help Malaysian employers manage payroll accuracy, statutory obligations and workforce operations with greater compliance confidence, without the cost and complexity of heavy enterprise systems.

Government's RON95, Diesel Subsidy Bill Estimated At RM3.5 Bln A Month - MOF

KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.

GWM Malaysia Strengthens Leadership Team To Accelerate Local Expansion, Manufacturing Commitment 

KUALA LUMPUR, June 10 (Bernama) -- GWM Malaysia Sdn Bhd announced several strategic leadership appointments as part of its efforts to strengthen its long-term commitment to the Malaysian market and to support the next phase of business expansion, localisation, and manufacturing growth.

Anwar, Takaichi Hold Talks On Energy, Security And Economic Cooperation

TOKYO, June 10 (Bernama) -- Malaysia and Japan have agreed to strengthen cooperation in energy, strategic industries and supply chain resilience during talks between Prime Minister Datuk Seri Anwar Ibrahim and Japanese Prime Minister Sanae Takaichi.

Malaysia, Japan Can Strengthen Regional Tech Supply Chains - PM Anwar

TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.

Japan's Support Crucial In Malaysia’s Push Into Advanced Technologies, Says Anwar

KUALA LUMPUR, June 10 (Bernama) -- The Japanese government and industries’ support is critical to helping Malaysia build its capabilities in advanced technologies, particularly semiconductors, artificial intelligence (AI), quantum computing, and advanced packaging, said Prime Minister Datuk Seri Anwar Ibrahim.

Pengerang Energy Complex Awards EPCC Contract To CNCEC

KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.