KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.
KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.
KUALA LUMPUR, June 11 (Bernama) -- Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today signed a strategic agreement for the procurement of 300 units of the Maxus eDeliver 5 electric commercial van.
KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, supported by firmer Chicago Board of Trade (CBOT) soybean oil prices during Asian trading hours, a trader said.
KUALA LUMPUR, June 11 (Bernama) – Being prepared at the grassroots level for the El Niño phenomenon needs to be strengthened as preventive measures and early groundwork are the best defence against the increasingly unpredictable impacts of extreme weather.
KUALA LUMPUR, June 11 (Bernama) -- Malaysia and Turkmenistan are expected to sign a long-term hydrocarbons cooperation agreement on June 19 as part of efforts to strengthen the country’s energy supply chain, said Deputy Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, June 11 (Bernama) — The Malaysia Petroleum Resources Corporation (MPRC) should serve as the lead agency for Malaysia’s oil and gas services and equipment (OGSE) sector in building company capabilities, expanding market access, and converting international opportunities into effective business outcomes.
KUALA LUMPUR, June 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Thursday, tracking softer US COMEX performance as market sentiment was weighed down by growing concerns over the Federal Reserve interest rate hike following higher inflation.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.
By Kamarul Halim M. Kamal
MUAR, June 11 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is targeting an increase of 15 per cent in the country's exports of wood-based products this year following the sector's encouraging performance, which recorded an export value of RM14.6 billion last year.
