Rafizi Ramli Resigns As Economy Minister, Effective June 17

KUALA LUMPUR, May 28 (Bernama) -- Datuk Seri Rafizi Ramli has resigned as Minister of Economy effective June 17, 2025

Gold Futures End Lower On Stronger US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, May 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Tuesday due to a stronger United States (US) dollar, said an analyst.

CPO Futures End Slightly Higher On Firmer Crude Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher on Monday, supported by stronger crude oil prices.

Bursa Malaysia Closes Flat With Key Index Slightly Down

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed flat on Monday with the key index down slightly, weighed by selling in telecommunication counters.

Petronas Gas Expects RM60 Mln profit Impact In FY2025 Following Putra Heights Inferno

KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd (PGB) is currently estimated to have a total profit impact of RM60 million for the financial year 2025 (FY2025).

Rubber Market Slides, Mirroring Regional Weakness

By Siti Noor Afera Abu

KUALA LUMPUR, May 26 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking the downward movement in the regional rubber futures markets.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.

Petronas Gas Posts Higher 1Q Profit, Declares 16 Sen Dividend

KUALA LUMPUR, May 26 (Bernama) -- Petronas Gas Bhd’s net profit for the first quarter of 2025 (1Q 2025) rose to RM468.80 million from RM456.65 million a year earlier.

US Tariffs Could Cost Malaysia Up To 4 Pct Of Solar Panel Export Value

KUALA LUMPUR, May 25 (Bernama) --  Malaysia could lose up to four per cent of the export value of its solar panels if the United States (US) proceeds with its proposed tariffs on solar panel product imports, according to industry observers. 

Modest Rebound Seen For Bursa Next Week On Selective Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, May 24 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to see a modest rebound next week on continued bargain hunting after recent losses.

Allianz Malaysia 1Q Net Profit Rises To RM211.69 Mln

KUALA LUMPUR, May 23 (Bernama) -- Allianz Malaysia Bhd’s net profit rose by 11.5 per cent to RM211.69 million during the first quarter ended March 31, 2025 (1Q 2025), compared to RM189.83 million in the corresponding quarter last year, mainly due to higher profit contribution from both insurance segments.

Bursa Malaysia Snaps 6-day Losing Streak, Ci Up On Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) snapped a six-day losing streak to close the week higher as bargain-hunting emerged due to improved risk sentiment.