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Gold Futures Ease As Strong US Data Dampens Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.

Malaysian Govt Leads Bond Issuance With RM40 Bln In 2Q 2025 -- BPAM

KUALA LUMPUR, July 2 (Bernama) -- The Malaysian government emerged as the overall top bond issuer in Bond Pricing Agency Malaysia Sdn Bhd’s (BPAM) Bond League Tables reports for the second quarter of 2025 (2Q 2025), with total issuances amounting to RM40 billion.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy, stressing that Malaysia remains a stable, progressive and trusted investment destination.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

PM Anwar Meets Italian Industrial Giants On Rome Visit

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met top executives from three leading Italian companies on the second day of his working visit to Italy.

BMI Maintains average Annual CPO Futures Price At RM4,150 Per Tonne This Year

KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.

Allianz General Partners Fashion Platform To Offer Customised Insurance Product

KUALA LUMPUR, July 2 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd has partnered International Fashion Chamber Malaysia Bhd to offer the Allianz Business Shield Package Insurance to fashion businesses.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, July 2 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.

Living Wage Drive By GLCs, GLICs A Pivotal Step Towards National Wage Reform – Economists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- The move by Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs) to implement a minimum monthly living wage of RM3,100 for 153,000 employees marks a highly significant milestone that can catalyse a broader wage reform across Malaysia’s labour market, according to economists.

ASM Automation Makes ACE Market Debut, Eyes Global Expansion

KUALA LUMPUR, July 2 (Bernama) -- ACE Market debutant ASM Automation Group Bhd aims to drive future growth by expanding its presence and enhancing its automation machinery solutions in Malaysia and key international markets.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.