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Gold Futures Set To Trade Cautiously Next Week Amid Rising US Yields, West Asia Tensions

KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.

Bursa Malaysia Seen Trading With Slight Uptrend Next Week

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may provide support to selected heavyweights.

Bank Islam Offers Integrated Banking Solutions For Malaysian Haj Pilgrims

KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.

KWAP Emerges As Substantial Shareholder In Aeon Co

KUALA LUMPUR, May 22 (Bernama) -- Retirement Fund Inc, better known as Kumpulan Wang Persaraan Diperbadankan (KWAP), has emerged as a substantial shareholder in Aeon Co (M) Bhd after acquiring more than 1.56 million shares in the company.

US$80 Bln For Deployment As Southeast Asia's Green Economy Enters A New Calculus

KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.

Bursa Malaysia Higher At Midday Lifted By Buying In Selected Heavyweights

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia stayed in positive territory at midday supported by persistent buying in selected heavyweights, led by industrial products and services as well as consumer products and services sectors. 

HDC Appoints Mohd Afandi Salleh As Chairman, Effective Immediately

KUALA LUMPUR, May 22 (Bernama) -- Halal Development Corporation Bhd (HDC), an agency under the Ministry of Investment, Trade and Industry (MITI), has appointed Prof Dr Mohd Afandi Salleh as its chairman, effective immediately.

DRB-HICOM 1Q Net Profit More Than Doubles To RM45 Mln

KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.

MNRB FY2026 Profit Soars To RM545.39 Mln, Sets New Earnings Benchmark

KUALA LUMPUR, May 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM545.39 million for the financial year ended March 31, 2026 (FY2026) from RM394.25 million in the preceding year.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking overnight gains on Wall Street amid optimism after the United States signalled that the conflict with Iran could end soon.

UDA Launches Sustainability-Driven Residensi Mutiara

JOHOR BAHRU, May 20 (Bernama) -- Property and asset management company UDA Holdings Bhd has launched its latest housing project, Residensi Mutiara, which incorporates sustainable development features.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.