Ringgit Stages Rebound To End Higher Against Greenback Ahead Of US Inflation Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit snapped a two-day losing streak to end higher against the greenback on Thursday on rising bets for an interest rate cut in the United States next month and ahead of a key US inflation report tomorrow.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Malaysian Rubber Market Ends Higher On Supply Concerns

By Nur Athirah Mohd Shaharuddin & Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 28 (Bernama) -- The Malaysian rubber market closed higher on Thursday, driven by concerns over supply shortages of natural rubber caused by rainy weather in major producing countries, said a dealer.

Sarawak Intensifies Collaboration With Penang In Semiconductor Industry

GEORGE TOWN, Aug 28 (Bernama) -- Sarawak is intensifying strategic cooperation with Penang in an effort to strengthen the country's semiconductor industry supply chain and ecosystem, particularly in the electrical and electronics (E&E) sector.

Trading Of Sunway Shares Resumes After One-hour Halt

KUALA LUMPUR, Aug 28 (Bernama) -- Trading in Sunway Bhd securities resumed at 10.00 am today after a one-hour halt at 9 am this morning.

Sime Darby Shares Rise On FY2025 Results Despite Lower Profit

KUALA LUMPUR, Aug 28 (Bernama) – Sime Darby Bhd’s shares rose in early trade today after the group announced its financial results for the financial year ended June 30, 2025 (FY2025).

Ringgit Opens Flat Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened flat against the greenback on Thursday as investors await fresh leads ahead of key US inflation data.

NACC 2025 Focuses On Govt Commitment To Turn Malaysia Into Cargo Aviation Hub

KUALA LUMPUR, Aug 27 (Bernama) – The government’s initiatives and commitment to develop four airports in the country into cargo aviation hubs were the focus of the National Aviation Consultative Council (NACC) 2025 meeting, according to the Transport Ministry.

CPO Futures End Higher Despite Weakness In Global Edible Oil Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, ignoring the sell-off in Chicago Board of Trade (CBOT) soybean oil futures overnight and Chinese vegetable oil futures’ sideway moves, said an analyst.

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.

Rubber Market Closes Lower Tracking Regional Markets, Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- The Malaysian rubber market eased slightly at the close on Wednesday, tracking losses in regional rubber futures markets and crude oil prices amid weak Chinese economic data, a dealer said.

Malaysia, South Korea Expected To Ink MoU On Clean Energy Cooperation By Year-end

BUSAN, Aug 27 (Bernama) -- Malaysia and South Korea are expected to sign a memorandum of understanding (MOU) to deepen collaboration in the energy sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.