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Bursa Malaysia Slips At Midday On Selective Profit-taking

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.

JLG Eyes RM40 Bln Investment From Second Phase Of Data Centre Project In IBTEC

JOHOR BAHRU, Dec 2 (Bernama) -- JLand Group Sdn Bhd (JLG) has targeted investments of about RM40 billion within the next three years for the second phase of its data centre development project known as StepWest.

Bursa Malaysia Opens Higher In Sync With Wall Street Gains

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.

Tasik Kenyir Not Ready To Be Large-scale Data Centre Hub -- MITI

KUALA LUMPUR, Dec 2 (Bernama) -- The proposal to develop Tasik Kenyir as a large-scale data centre hub is not suitable to be implemented at this time, said the Ministry of Investment, Trade and Industry (MITI).

CPO Futures End Higher On Seasonal Peak Expectation

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today in view that production may have reached its seasonal peak, a palm oil trader said.

Gold Futures End Higher Amid Softer Greenback

KUALA LUMPUR, Dec 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, supported by a softer greenback amid growing expectations of a US interest rate cut next week.

Ringgit A Tad Higher As Soft US Data Strengthens US Rate Cut Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.

Rubber Market Ends Higher Amid Concerns Over Natural Rubber Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, lifted by ongoing concerns over natural rubber (NR) supply in Thailand, the world’s largest rubber producer, a dealer said.

RM326 Mln For Sarawak Agri Sector Under 2026 State Budget -- Stephen Rundi

KUCHING, Dec 2 (Bernama) -- Sarawak’s Ministry of Food Industry, Commodity and Regional Development has been allocated RM326 million under the state Budget 2026, said its minister Datuk Seri Dr Stephen Rundi Utom.

Malaysia’s PMI Rises As November New Orders Hit Three-Year High

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s manufacturing sector Purchasing Managers’ Index (PMI) rose to 50.1 in November versus 49.5 in October, supported by a surge in new orders that reached their highest level in more than three years, said MBSB Investment Bank Bhd (MBSB IB).