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CPO Futures Close Higher Amid Middle East Tensions, Crude Oil Rally

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.

Gold Futures Decline On Strong US Payroll Data

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday as strong United States (US) payroll data led traders to anticipate a smaller interest rate cut by the US Federal Reserve.

Dialog Chief Operating Officer Mustaffa Kamal Promoted To CEO

KUALA LUMPUR, Oct 7 (Bernama) -- Dialog Group Bhd has promoted its chief operating officer Mustaffa Kamal Abu Bakar to chief executive officer (CEO) effective today.

Malaysia Will Voice Its Views Without Fear Or Favour Despite Superpower Membership In BRICS

By Siti Radziah Hamzah and Anas Abu Hassan

KUALA LUMPUR, Oct 7 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim says Malaysia will continue to voice its views on global issues strongly and without fear or favour if and when it joins the BRICS group of emerging economies whose founding members include Russia and China.

Ringgit Falls Against US Dollar Following Strong US Payrolls Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit ended lower against the US dollar, mirroring the trend of other Asian currencies, after stronger-than-expected US nonfarm payrolls (NFP) data for September suggested the US economy was avoiding a recession and on course for a soft landing, an analyst said.

ECERDC Exceeds 2024 Investment Target With RM10.2 Bln Realised Investments In Pahang

KUALA LUMPUR, Oct 7 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has realised investments totalling RM10.2 billion in Pahang year-to-date, far exceeding its initial target of RM5.7 billion.

PM Foresees Budget 2025 Enhancing Economic Framework, Equitable Distribution

KUALA LUMPUR, Oct 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim expressed optimism about Budget 2025 after signing documents at the Ministry of Finance today, noting that it will strengthen the economic framework and promote equitable distribution.

ASEAN Should Focus On High-impact 'quick Wins' To Provide Tangible Business Values - Tengku Zafrul

From Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) — ASEAN should focus on high-impact “quick wins” that are practical and capable of providing immediate and tangible business value to enhance the visibility of the grouping to its immediate stakeholders.

PR1MA, CelcomDigi Team Up To Transform Homes With Smart City Solutions

KUALA LUMPUR, Oct 7 (Bernama) -- PR1MA Corporation Malaysia (PR1MA) has partnered with CelcomDigi Bhd to transform PR1MA homes and commercial developments with smart city solutions. 

Bursa Malaysia Ends Firmer On Bargain Hunting Amid Regional Uptrend

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the trading day higher on Monday amid the regional uptrend, buoyed by bargain hunting in commodities, consumer goods and gaming. 

Collaborative Efforts Between GLICs Drive Greater Domestic Investment -- Khazanah

KUALA LUMPUR, Oct 7 (Bernama) -- Government-owned entities, which are “typically criticised” for “crowding out” private players, have a responsibility to “crowd in” private players and other stakeholders, said Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir.

Mytheresa To Acquire YNAP From Richemont

KUALA LUMPUR, Oct 7 (Bernama) -- MYT Netherlands Parent B.V. (Mytheresa) and Richemont announced they have entered into binding agreements for the acquisition of 100 per cent of the share capital of YOOX Net-a-Porter (YNAP) by Mytheresa.