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Malaysia Submits Explanation On Issues Highlighted Under US Trade Act Of 1974

KUALA LUMPUR, April 28 (Bernama) -- Malaysia has submitted an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among the issues being investigated under Section 301(b) of the US Trade Act of 1974.

Bursa Malaysia Opens Higher On Sustained Appetite For Technology, Utilities Counters

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.

Ringgit Mostly Higher Against Major, Asian Currencies

KUALA LUMPUR, April 28 (Bernama) -- The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.

Gold Futures Close Higher Amid Safe-Haven Demand

KUALA LUMPUR, April 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, bucking the weaker performance on the US COMEX market, amid continued safe-haven demand.

Ringgit Closes Higher Against US Dollar On Tech-led Inflows, Easing Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.

Rubber Market Closes Higher On Firmer Oil, Positive China Data

By K. Naveen Prabu

KUALA LUMPUR, April 27 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in crude oil prices and positive data from China, a trader said.

Bursa Malaysia Opens Higher On Renewed Interest In Semiconductor-related Counters

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia opened higher on Monday amid renewed interest as Malaysia is seen benefitting from increased data centre investments due to its reputation as a strategically secure hub, following stronger-than-expected earnings from US chip giant Intel Corp.

Ringgit Edges Higher Against US Dollar Amid Subdued Market Sentiment

KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.

Turkiye’s Bilal Erdogan Urges Muslim Nations To Emulate Malaysia’s Islamic Finance Lead

PUTRAJAYA, April 26 (Bernama) -- Turkiye’s Necmeddin Bilal Erdogan has called on Muslim nations to learn from Malaysia’s Islamic finance sector to build financial systems that are not dependent on Western networks.

West Asia Conflict Reshapes Energy Landscape, Pushes Focus Towards Energy Security

By Siti Radziah Hamzah

KUALA LUMPUR, April 26 (Bernama) -- The ongoing conflict in West Asia is reshaping the global energy landscape, underscoring that energy security for import-dependent regions is no longer about efficiency but resilience under sustained disruption.

Bursa Malaysia Likely To Trade Sideways Between 1,700 And 1,730 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia’s key index is likely to move sideways within the 1,700–1,730 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Seen Trading Within RM3.94-RM3.96 Range Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, April 25 (Bernama) -- The ringgit is expected to trade in a tight band next week,  hovering between RM3.94 and RM3.96 as investors await further economic data from the United States, according to an economist.