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FBM KLCI Ends Lower On Profit-taking, Broader Market Positive

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.

Pacific Prime CXA Bags Allianz Commercial's Platinum Award For Excellence In Property & Casualty

KUALA LUMPUR, Dec 6 (Bernama) -- Pacific Prime CXA, a global insurance brokerage and employee benefits specialist, was awarded the Platinum Award for Excellence in Property and Casualty by Allianz Commercial.

BMI Forecasts Rising Global Natural Gas Demand In The Near Term

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a Fitch Solutions company, has forecast global natural gas consumption to rise in the near term as the Northern Hemisphere winter approaches, supported by strong demand for liquefied natural gas (LNG) across all markets.

BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.

UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities

KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.

ASEAN Has Potential In Digital Economy, Manufacturing, And Supply Chains Led By BRICS Members - MITI

KUALA LUMPUR, Dec 5 (Bernama) -- ASEAN countries have the potential to capitalise on significant opportunities in the digital economy, manufacturing, and supply chains led by BRICS countries, which are dialogue partners of the region, said the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Marginally Lower At Midday

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia ended the morning session slightly lower due to profit-taking in industrial products, services as well as consumer products stocks, along with mixed performances from regional peers.

Cropmate Optimistic About Fertiliser Demand In Malaysia

KUALA LUMPUR, Dec 12 (Bernama) -- Cropmate Bhd is optimistic about growing fertiliser demand in Malaysia, particularly in the palm oil sector.

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

DSR Taiko To elevate Malaysia’s Durian Industry With Certification And Quality

SHAH ALAM, Dec 4 (Bernama) -- DSR Taiko Bhd, a trailblazer in Malaysia's durian industry, is strategically positioning itself to expand its global footprint, focusing on value-added products to meet growing international demand.

Bursa Malaysia Opens Little Changed Amid Mixed Market Sentiment

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened little changed today on volatile trading amid Wall Street’s mixed sentiment, ahead of key US economic data set to be released later this week.

Ringgit Remains Lower Against US Dollar In Early Trade

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said.