Late Selling Drags Bursa Malaysia To End At Intraday Low Ahead Of 13MP, FOMC Announcements

By Danni Haizal Danial Donald

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia ended at its intraday low today, pressured by late selling as investors positioned themselves ahead of the 13th Malaysia Plan (13MP) announcement on Thursday.

Putrajaya Explores Silver Economy Potential – Hanifah

KUALA LUMPUR, July 29 (Bernama) -- The government is exploring the potential of the silver economy as a new growth driver to help the nation manage the socio-economic impact of becoming an ageing society by 2043, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Two Bumiputera Companies Targeted For Bursa Malaysia Listing By Year-end – Ahmad Zahid

KUALA LUMPUR, July 28 (Bernama) -- The government aims to have at least two Bumiputera companies listed on Bursa Malaysia by the end of this year.

Bursa Pares Gains To Close Lower On Cautious Sentiment Ahead Of US Tariff Deadline

By Danni Haizal Danial Donald

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared earlier gains to close lower on Monday, as investors adopted a more cautious posture ahead of the US tariff negotiation deadline on Aug 1.

CCGT Plant To Complement Solar Intermittency, Support Malaysia’s 2050 Net-Zero Goal -- Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 28 (Bernama) -- The combined cycle gas turbine (CCGT) power plant is expected to play a vital role in addressing gaps in the power grid and complementing solar intermittency, as Malaysia works towards achieving its net-zero goals by 2050, an expert said.

Ringgit Ends Lower Versus Greenback As Traders Await Tariff Clarity

KUALA LUMPUR, July 25 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as some investors locked in profits following recent gains, amid lingering uncertainty over the timing of potential Malaysia-United States (US) tariff discussions.

Ringgit On Firmer Footing Against US Dollar In Early Trade

KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.

Bursa Malaysia Opens Flat In Cautious Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened flat and proceeded to retreat in early trade today, reflecting a lack of catalysts in the market after a downbeat Wall Street performance last Friday.

Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

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.

Market Jitters To Set Tone For Ringgit Next Week, With RM4.24-RM4.26 Range Expected

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.

Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance

KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight positive performance, boosted by improved economic data and quarterly earnings reports that exceeded consensus expectations.

MSE's RM90 Mln Matching Fund Launched To Position M'sia As Advanced Semiconductor Packaging Hub

KUALA LUMPUR, July 17 (Bernama) -- Malaysia’s Science Endowment matching fund for the semiconductor sector amounting to RM90 million, has been launched to position the country as a global hub in advanced packaging technology, an area currently dominated by a handful of countries such as Taiwan.