LATEST NEWS   ASEAN has taken steps to reform on how it trades and it has begun by using local currencies - PM Anwar | PM Anwar calls for an increase in intra-BRICS trade, which accounts for approximately 40 per cent of the world economy | PM Anwar laments unilateral actions of tariffs and protectionism | PM Anwar arrives at Pier Maua, Rio de Janeiro, to speak at the BRICS Business Forum, held in conjunction with the BRICS Leaders’ Summit | 

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Bank Muamalat Advances Islamic Finance To Drive Socioeconomic Growth In Sabah

TAWAU, July 5 (Bernama) -- Bank Muamalat Malaysia Berhad is advancing Islamic finance to drive socioeconomic development through various social finance initiatives, said its president and chief executive officer, Khairul Kamarudin.

ASEAN Is Reforming The Way It Trades By Increasing Use Of Local Currencies To Ensure Stability - PM Anwar

KUALA LUMPUR, July 5 (Bernama) --  ASEAN has taken steps to reform the grouping by not only increasing trade among the member countries but also the use of local currencies in trade as a concrete way toward a more stable financial system free of unilateral domination, Prime Minister Datuk Seri Anwar Ibrahim said today.

US Tariff Deadline Expected To Boost Gold’s Safe-haven Appeal Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States tariff deadline on July 9, which has added a layer of uncertainty to the market.

CPO Futures Likely To Trade Sideways Ahead Of Key MPOB Data Next Week

By K. Naveen Prabu

KUALA LUMPUR, July 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a sideways range next week as market participants await key industry data for clearer direction.

Ringgit Likely To Trade Range-Bound Ahead Of BNM’s MPC Meeting Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- The ringgit is expected to trade range-bound against the greenback next week, as investors adopt a cautious approach ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on July 9.

FBM KLCI Futures To Trade Cautiously Next Week

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, tracking the performance of the underlying cash market. 

Bursa Malaysia Seen Trading Range Bound With Upside Bias Next Week

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 5 (Bernama) -- Bursa Malaysia is expected to trade in cautious mode next week, but with an upside bias, with the US tariff deal deadline on July 9 in focus, analysts said.  

Bursa Malaysia Stays Mixed At Midafternoon Amid Cautious Sentiment

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia stayed mixed at midafternoon on Friday, with renewed buying interest in selected heavyweights recovering their earlier losses, amid cautious sentiment across regional markets.

CPO Futures End Lower On Weaker Palm Olein Prices In China

By K. Naveen Prabu

KUALA LUMPUR, July 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking weaker palm olein prices on China’s Dalian Commodity Exchange. 

Sarawak Records Total Trade Of RM198.7 Bln, RM71.1 Bln Surplus In 2024

KUCHING, July 4 (Bernama) -- Sarawak recorded a total trade of RM198.7 billion and a trade surplus of RM71.1 billion in 2024, despite facing external uncertainties such as global market fluctuations and geopolitical tensions, according to the Department of Statistics Malaysia (DoSM).

Ringgit Rebounds Slightly As Market Anticipates Mild US Tariffs

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The ringgit ended marginally higher against the US dollar today, buoyed by growing expectations of a possible compromise on upcoming US tariff measures.

Bursa Malaysia Closes Slightly Higher

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia turned slightly higher at the close today, supported by continued buying in selected heavyweights led by financial services, industrial products and services counters amid a mixed regional markets' performance, an analyst said.