Ringgit Closes Lower On Volatile Oil Prices, Latest Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, April 30 (Bernama) -- The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices.

KLCI Futures Close Mostly Lower Amid Steady Cash Market

KUALA LUMPUR, April 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly lower in contrast with the steady performance of the cash market.

IOI Properties Poised To Enter FBM KLCI In June Review -- CIMB Securities

KUALA LUMPUR, April 30 (Bernama) -- IOI Properties Group Bhd is likely to replace Sime Darby Bhd as one of FTSE Bursa Malaysia’s (FBM KLCI) 30 constituents in the upcoming semi-annual review by FTSE Russell and Bursa Malaysia, according to an analyst.

KPS Consortium's Subsidiary To Acquire Rawang Industrial Assets For RM45.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- KPS Consortium Bhd’s (KPSCB) wholly-owned subsidiary, KPS Plywood Sdn Bhd, has entered into three separate sale and purchase agreements with Nautical Wealth Sdn Bhd (in liquidation) to acquire several properties in Rawang, Selangor, for RM45.5 million.

Late Buying Lifts Bursa Malaysia As Oil Prices Support Energy Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.

Operating Expenditure Adjustments Will Not Affect Frontliners -- Amir Hamzah

By Siti Noor Afera Abu

KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Public Mutual Declares Distributions Of Over RM99 Mln For Four Funds

KUALA LUMPUR, April 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for four funds for the financial year ended April 30, 2026.

HSBC Expects BNM To Hold OPR At 2.75 Pct In May

KUALA LUMPUR, April 30 (Bernama) -- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has forecast that Bank Negara Malaysia (BNM) would hold its Overnight Policy Rate (OPR) steady at 2.75 per cent in May as Malaysia's economic data remains resilient.

Bina Darulaman Strengthens Focus On Core Business To Drive Long-Term Growth

KUALA LUMPUR, April 30 (Bernama) -- Bina Darulaman Bhd (BDB) is strengthening its focus on core businesses and operational discipline as part of a comprehensive recovery plan to restore profitability, improve execution and build a more resilient platform for long-term growth.

Rubber Market Ends Lower On Weaker Regional Futures, Hawkish Fed Outlook

By K. Naveen Prabu

KUALA LUMPUR, April 30 (Bernama) -- The rubber market closed lower today due to weaker regional rubber futures, said a trader.

MBSB Strengthens Northern Presence With Relocated Kangar, Kulim Branches

KANGAR, April 30 (Bernama) -- MBSB Bank Bhd has strengthened its presence in northern Malaysia through the opening of its relocated Kangar and Kulim branches, reinforcing its commitment to improving customer accessibility and expanding service coverage across key growth areas.

Nasi Impit Retort Adyanana Eyes Brunei, Indonesian Markets

By Kamarul Halim M Kamal

BATU PAHAT, April 30 (Bernama) -- Nasi impit (compressed rice cake) producer Nasi Impit Retort Adyanana, which has managed to penetrate the Singapore market in the last two years, now aims to spread its wing to Brunei and Indonesia by seeking business partners in these countries.