Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

MCO Climbs Up Chartis Research RiskTech 100 Rankings

KUALA LUMPUR, Oct 11 (Bernama) -- Global compliance software provider MyComplianceOffice (MCO) announced it has climbed to number 44 on the RiskTech100 2025 list of the world's top risk and compliance technology solutions, after being listed among them once again by global research and analysis firm Chartis Research.

H2O.ai Partners Singtel’s Digital InfraCo To Deliver GenAI-as-a-Service

KUALA LUMPUR, Oct 11 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI) has announced a strategic partnership with Singtel’s Digital InfraCo to bring GenAI-as-a-Service (GenAIaaS) to organisations across Asia Pacific (APAC).

ASEAN Must Remain A Strong Entity, Resist Divisions - FM Mohd Hasan

By Sharifah Hunani Syed Ismail

VIENTIANE, 11 Oct (Bernama) -- ASEAN must remain a strong entity, which requires every member of the bloc to avoid creating divisions by siding with conflicting countries.

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

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.

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. 

Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years

KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.