RAC, MARIC Ink MoU To Strengthen Malaysia's Rail Industry Development

SEPANG, Nov 11 (Bernama) -- A newly forged collaboration between Railway Assets Corporation (RAC) and Malaysia Rail Industry Corporation (MARIC) is expected to serve as a catalyst for greater local participation in the rail value chain, reinforcing Malaysia’s vision to become a regional hub for rail technology and services.

Lighthouse Canton Secures US$40 Mln Funding For Next Phase Of Growth

KUALA LUMPUR, Nov 11 (Bernama) -- Global investment institution, Lighthouse Canton has raised US$40 million in a strategic investment round led by Peak XV Partners to accelerate its next phase of growth. (US$1=RM4.15)

Ringgit’s Strong Run Backed By Narrowing Rate Gap, Domestic Resilience

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.

Gold Futures End Lower After China's Retail Jewellery Tax Incentive Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday after China cut a tax incentive on retail jewellery purchases over the weekend, said SPI Asset Management managing partner Stephen Innes.

Northern Trust Expands Fund Services For Avanda Investment Management

KUALA LUMPUR, Nov 3 (Bernama) -- Northern Trust has expanded its fund services relationship with Avanda Investment Management, supporting its implementation of the mandate granted by the Monetary Authority of Singapore (MAS) as part of the Equity Market Development Programme (EQDP).

Bending Spoons Raises US$710 Mln In Fresh Funding

KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)

Central Bank Buying Set To Boost Gold Futures Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, supported by continued buying by global central banks despite elevated prices.

NuScale Power Partner ENTRA1 Poised For US$25 Bln Investment Under US-Japan Energy Pact

KUALA LUMPUR, Oct 31 (Bernama) -- NuScale Power Corporation has congratulated its global strategic partner ENTRA1 Energy on being positioned to receive up to US$25 billion in investment capital under the newly signed United States (US)–Japan Framework Agreement. (US$1=RM4.19)

Gold Futures End Lower As Fed’s Hawkish Cut Triggers Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.

Gold Futures Rebound As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, recovering after a significant sell-off earlier in the week as easing tensions between the United States and China reduced geopolitical risks.

Gold Futures Close Lower On Profit-taking As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Tuesday as global gold prices eased amid reduced demand for safe-haven assets following easing geopolitical tensions in Asia. 

UEM Edgenta Appoints Shaiful Subhan As Managing Director, Chief Executive Officer

KUALA LUMPUR, Oct 28 (Bernama) -- UEM Edgenta Bhd has appointed Shaiful Subhan as its managing director (MD) and chief executive officer (CEO) effective Nov 1, 2025.