Johor Stands To Gain US$190 Mln Potential Investments From South Korean Firms

JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.

US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

CSOP: Saudi's Initial Foray In Hong Kong-listed Shares Focusing On Chinese Firms

KUALA LUMPUR, Oct 30 (Bernama) -- CSOP Asset Management Limited (CSOP) announced it is part of the introduction of the Albilad CSOP MSCI Hong Kong China Equity exchange-traded fund (ETF) (symbol: 9410) on the Saudi Stock Exchange (Tadawul) on Oct 30.

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030. 

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

Ringgit Eases Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit closed lower against the US dollar for the second consecutive day amid waning risk appetite for the domestic currency ahead of the US presidential election next week, said an analyst.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

IOI Properties To Develop RM12 Bln Rio City Over 12 Years

PUCHONG, Oct 29 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development valued at RM12 billion over 12 years.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, taking cues from the optimism in US markets overnight.

Khazanah, PNB Secure RM3.1 Mln From Fashionvalet Share Sale – MoF

KUALA LUMPUR, Oct 29 (Bernama) -- Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd (FashionValet), the Ministry of Finance (MoF) said on Monday.

FBM KLCI Futures Open Firmer

KUALA LUMPUR, Oct 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened firmer in early trade today.

Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.