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Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

Uncertainty Over Trump’s Policies Seen Continuing To Support Gold Futures

By Siti Noor Afera Abu

KUALA LUMPUR, March 1 (Bernama) --  The gold futures market on Bursa Malaysia Derivatives is expected to trade in cautious mode next week but well supported, taking its cue from US COMEX gold futures.

Singapore's Black Group To Develop S$100 Mln Medical Hotel In Malaysia, Eyes September Launch

KUALA LUMPUR, Feb 27 (Bernama) -- Singapore-based Black Group Investment Holding is investing S$100 million (RM331.45 million) to develop a state-of-the-art medical and hospitality facility in Kuala Lumpur’s Golden Triangle, with operations targeted to begin in September.

Bursa Malaysia Ends Morning Trading Session In Positive Territory 

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the morning trading session in positive territory, buoyed by improved sentiment and buying in selected heavyweights. 

Ringgit Rebounds Against US Dollar As Weak US Data Supports Rate Cut Expectations

KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.

Ringgit Rallies vs US Dollar Amid Easing Trade Tension

KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.

Hong Leong Asset Declares RM241 Mln income Distribution For 7 Funds 

KUALA LUMPUR, Feb 18 (Bernama) -- Hong Leong Asset Management Bhd (HLAM) has declared income distribution worth RM241 million for seven funds for the Jan 1 - Dec 31, 2024 period.

Gold Futures To See Cautious Trading Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week amidst global uncertainties.

Gold Futures Close Higher On Growing Concerns Over Trump's Tariff Plans

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today on growing concerns over US President Donald Trump's tariff plans.

Gold Futures Close Higher After Higher-Than-Expected US Inflation Report

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the inflation report from the United States exceeded expectations, leading to increased safe-haven demand.

US Fed's Hawkish Stance Weighs On Gold Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as sentiment for the safe-haven metal weakened following the United States (US) Federal Reserve's (Fed) hawkish stance on its interest rates.

Gold Futures Close Higher On Uncertainty Over Trump's Latest Tariff Plan

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today as uncertainty over United States (US) tariffs on steel and aluminium imports fueled demand for the safe-haven metal.