Gold Futures End Lower, Tracking US COMEX Gold Market

KUALA LUMPUR, Nov 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, mirroring the downtrend in the United States COMEX gold market.

Ringgit Closes Higher Against Greenback Amid Falling US Bond Yields

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.

Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins

KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.

Gas Malaysia's Net Profit Rises To RM115.99 Mln In 3Q

KUALA LUMPUR, Nov 25 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM115.99 million for the third quarter ended Sept 30, 2024, (3Q FY2024) compared to RM86.16 million in the same quarter last year.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

BASF ECMS Bags 2024 Edison Patent Award 

KUALA LUMPUR, Nov 25 (Bernama) -- A team of BASF Environmental Catalyst and Metal Solutions (ECMS) and Heesung Catalysts Corporation (HCC) scientists was recently awarded a 2024 Edison Patent Award by the Research & Development Council of New Jersey.

Bursa Malaysia Extends Last Week's Momentum To Open Higher

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia extended last week’s momentum to open higher today, tracking the better overnight performance on Wall Street as investors continued to bet on “buy crypto and dollar” following Donald Trump’s election victory.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

CPO Futures Set To Trade With Bullish Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, driven by potential bargain-buying activity after the recent selldown, a dealer said.

Rubber Market To Edge Upward Amid Northeast Monsoon Impact - Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.

CPO Futures Ends Lower Amid Concern Over Weaker Export Demand

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday amid concern over weakening export demand, a dealer said.

Negeri Sembilan Tables Budget 2025 Totalling RM590 Million -- MB Aminuddin

SEREMBAN, Nov 22 (Bernama) -- The Negeri Sembilan government today tabled a balanced budget for 2025 with a projected revenue totalling RM590.0 million and an equivalent estimated operating expenditure,  including a development budget allocation of RM135 million.