Ringgit Opens Higher Vs Major Currencies On Optimism Over Easing Tension

By Zufazlin Baharuddin

KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday, supported by optimism that geopolitical tensions may be easing, although the broader market tone remains guarded.

Germany’s New Fuel Policy May Accelerate EV Adoption -- Academician

KUALA LUMPUR, April 1 (Bernama) -- Germany’s latest petrol price regulation could reshape automotive demand by accelerating electric vehicle (EV) adoption, while raising broader concerns over inflation and cost pressures in Europe, said an academician.

Ringgit Ends Higher On Renewed Optimism On De-escalation Of US-Iran War

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 1 (Bernama) -- The ringgit extended earlier gains to end higher against the US dollar on Wednesday driven by renewed optimism among market traders following signs of possible de-escalation in the United States-Iran war.

Asia Vision Capital Evaluating Richmond Mayor Project In Mount Austin, Johor Bahru

KUALA LUMPUR, April 1 (Bernama) -- Venture capital firm Asia Vision Capital Sdn Bhd, which focuses on structuring and managing real estate private equity investments, is currently evaluating a property project in Mount Austin, Johor Bahru, known as Richmond Mayor. 

Bursa Malaysia Ends Higher, CI Up 1.10 Pct

By Karina Imran

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst. 

Cargill Expands Port Klang Plant With Speciality Fats Line

KUALA LUMPUR, April 1 (Bernama) -- Cargill has announced the expansion of its edible oil plant in Port Klang, Malaysia, with a new speciality fats production line aimed at strengthening solutions for chocolate, bakery and dairy applications.

Central Banks Must Evolve Into Architects Of Resilience, Says BNM Governor

KUALA LUMPUR, April 1 (Bernama) -- Central banks must evolve into architects of resilience in a changing global landscape, rather than merely remain stewards of stability, important as that role remains, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street, as investor sentiment improved on expectations that the West Asia conflict may ease soon.

Ringgit Opens Higher Vs Greenback As US Signals Iran Exit

KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.

German Group Koerber Invests RM95 Mln In Shah Alam Facility

SHAH ALAM, March 31 (Bernama) -- Koerber Technologies Sdn Bhd, a subsidiary of Germany-based technology group Korber, is investing RM95 million to expand its manufacturing facility here.

Three More Airlines To Boost Malaysia’s Global Connectivity, Expand Reach Into Asia And Africa

SEPANG, March 31 (Bernama) -- Three additional airlines are expected to enhance Malaysia’s global air connectivity and provide access to new growth markets in Asia and Africa.

Bursa Malaysia Rebounds To Close Slightly Higher, Led By Healthcare, Utilities & Banks

By Siti Noor Afera Abu

KUALA LUMPUR, March 31 (Bernama) -- Shares on Bursa Malaysia reversed yesterday’s losses to finish higher on Tuesday, driven by buying interest in healthcare, utilities and banking counters.