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Gold Futures Retreat Amid Stronger US Dollar And Higher Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.

BNM Maintains OPR At 2.75 Pct, Sees Continued Expansion In Global Growth 

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 2.75 per cent.

Ringgit Opens Slightly Firmer Against Greenback Ahead Of BNM Policy Decision

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.

Malaysia Focusing On Attracting Hi-Tech Investments, With RM190 Bln Approved Investments In The First Half Of 2025

KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia is focusing on attracting high-impact investments in the technology sector including artificial intelligence (AI) and renewable energy, with the total value of approved investments for the period January to June 2025 reaching RM190.3 billion.

Petronas Gas Seeks Greater Authority Over Development Near Pipelines

KUALA LUMPUR, Aug 31 (Bernama) – Petronas Gas Bhd (PGB) is working closely with the Ministry of Economy to introduce new regulations under the Gas Supply Act 1993 (Act 501), the Electricity Supply Act 1990 and other laws to strengthen safety and oversight around its pipeline network

Bursa Malaysia To Retest 1,600 Level Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 30 (Bernama) -- Bursa Malaysia is expected to resume its uptrend next week, testing the psychological threshold of 1,600, after already breaching the level on Monday (Aug 25).

Rubber Market Likely To Trade Sideways With An Upside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 30 (Bernama) -- The Malaysian rubber market is expected to trade sideways with an upside bias next week, driven by extreme weather conditions and flooding in several countries.

Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

Govt Procurement Bill 2025 Limits Finance Minister's Powers Via Stronger Checks And Balances -- Amir Hamzah

KUALA LUMPUR, Aug 28 (Bernama) -- The Government Procurement Bill 2025 does not increase the powers of the finance minister but instead limits them by introducing a stronger system of checks and balances, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

No State Left Behind In Development Under MADANI Framework, NIMP 2030 – Anwar

KUALA LUMPUR, Aug 28 (Bernama) -- The government is prioritising key projects such as the National Semiconductor Strategic Plan and the Johor-Singapore Special Economic Zone, while ensuring that development in other states is not neglected under the MADANI Economy and the New Industrial Master Plan 2030.

Sime Darby Motors Expects Losses To Stop In FY2026

KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.

Maybank Rises On Stronger 2Q Profit, Steady Outlook

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd (Maybank) shares rose in early trade on Wednesday, buoyed by its second quarter (2Q) ended June 30, 2025, result and steady growth outlook across key markets.