10h ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.
1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Chinese President Xi Jinping met British Prime Minister Keir Starmer in Beijing, marking the first visit by a United Kingdom (UK) prime minister to China in eight years.
1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Bodor Laser, a global manufacturer of laser cutting solutions, has launched its SK Series High-Speed Tube Laser Cutting Machine, alongside a new "Extreme Speed" concept for tube processing.
1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Malakoff Corporation Bhd said three of its gas power plants with an aggregate capacity of 2,082 megawatt (MW) have been selected for an extension of their operations until Dec 31, 2029, following a notification from the Energy Commission.
1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.
1d ago
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
2d ago
KUALA LUMPUR, Jan 29 (Bernama) -- KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), increased its net profit to RM1.28 billion in the financial year ended Dec 31, 2025, (FY2025) from RM1.02 billion in the preceding year.
2d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd’s disclosure and transparency standards remain strong, and the initial public offerings (IPOs) with a free float below 25 per cent have not raised material concerns for Morgan Stanley Capital International (MSCI), said chief executive officer Datuk Fad’l Mohamed.
2d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
2d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.
2d ago
PETALING JAYA, Jan 29 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) plans to step up acquisitions in 2026, focusing mainly on industrial assets.
2d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd recorded a net profit of RM250.16 million for the financial year ended Dec 31, 2025 (FY2025), down from RM310.12 million in the preceding year following a decline in securities trading volume.