FBM KLCI Opens Lower But Market Breadth Stays Positive

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.

FBM KLCI Futures Open Mostly Lower

KUALA LUMPUR, Oct 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trade today, tracking the underlying cash market. 

MGA: Gas Industry Players Need Equal Attention In Budget 2025

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysian Gas Association (MGA) calls for the government to prioritise the gas industry in Budget 2025 to ensure Malaysia’s sustainable transition to a low-carbon economy.

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

Malaysia Welcomes Proposed US$14.7 Bln Investment By US Tech Giants -- Anwar

From Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- Malaysia has welcomed the proposed US$14.7 billion (US$1=RM4.29) investment by United States (US) technology giants -- Google, Microsoft, Enovix Corporation, Amazon Web Services, Abbott Laboratories, and Boeing.

Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.

PM Anwar Calls For Enhanced ASEAN-Australia Cooperation

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 10 (Bernama) -- Malaysia has called for strengthened cooperation between ASEAN member countries and Australia, particularly in the area of human capital development.

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.

Malaysia Eyes Stronger Economic Ties With Vietnam In Emerging Industries - PM Anwar

VIENTIANE, Oct 10 (Bernama) -- Malaysia is aiming to strengthen economic cooperation with Vietnam by exploring opportunities for private sector involvement in emerging industries.

CPO Futures Continue Downtrend Amid Higher Stock Levels

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board’s (MPOB) September 2024 data release, a trader said. 

Sapura Resources Appoints Reza Abdul Rahim As Acting MD

KUALA LUMPUR, Oct 10 (Bernama) -- Sapura Resources Bhd have redesignated Reza Abdul Rahim as its executive director and acting managing director (MD) effective today.

AirAsia Drives KLIA To Top Global LCC Megahub Status, Announces New Routes

KUALA LUMPUR, Oct 10 (Bernama) -- AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.