KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened higher on Thursday, with the benchmark index breaching the 1,530 level after three days of choppy trading, supported by optimism over US-China trade talks and improved domestic sentiment following recent policy announcements.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 23 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, in tandem with regional rubber futures markets, amid a stronger ringgit against the US dollar, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 22 (Bernama) -- The Malaysian rubber market closed higher on Tuesday, supported by rising regional rubber futures and concerns over a natural rubber supply shortage due to bad weather in key producing countries, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 21 (Bernama) -- The Malaysian rubber market ended slightly lower on Monday, weighed down by weaker crude oil prices and a firmer ringgit against the US dollar, a dealer said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.
By K. Naveen Prabu
KUALA LUMPUR, July 19 (Bernama) -- The Malaysian rubber market is expected to trade mixed next week amid continued caution over US tariffs, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Siti Noor Afera Abu and Danni Haizal Danial Donald
KUALA LUMPUR, July 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly lower on Friday, as investors await fresh catalysts, mainly the ongoing trade negotiations between Malaysia and the United States (US).
By Anas Abu Hassan
KUALA LUMPUR, July 10 (Bernama) -- The Expo 2025 Osaka serves as a launchpad for deeper cooperation in key economic sectors, proving to be a significant platform for enhancing economic relations between Japan and Malaysia, according to the Japan External Trade Organisation (JETRO).
By K. Naveen Prabu
KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by expectations of stronger exports in the coming weeks.
