Bursa Malaysia Weaker In Early Trade, Tracking Wall Street's Muted Overnight Performance

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia traded flat to lower during the early morning trade, taking its cue from Wall Street’s muted overnight performance as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

Ringgit Opens Easier Vs USD Ahead Of US Fed Meeting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee’s (FOMC) decision on interest rate cuts.

National Single Window Initiative Will Boost Malaysia-China Trade -- MITI

KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.

FBM KLCI Futures End Higher In Line With Cash Market

KUALA LUMPUR, Sept 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the performance of the underlying cash market. 

FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.

Malaysia’s ASEAN Chairmanship To Enhance Trade With ASEAN Plus : MATRADE

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysia’s ASEAN chairmanship next year presents an excellent opportunity for the country to expand and strengthen trade relations, not only with ASEAN members but also with neighbouring ASEAN Plus countries, according to the Malaysia External Trade Development Corporation (MATRADE).

Jingxi City Enhances Processing Industry To Spur Local Economic Growth 

KUALA LUMPUR, Sept 17 (Bernama) -- The first shipment of locally processed salt-baked cashews from Jingxi City, Guangxi, was exported to Kazakhstan recently, marking a new breakthrough for the city's processing industry. 

Taiwan’s Non-life Insurance Segment Outlook Revised To Stable - AM Best

KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.

EIG’s MidOcean Raises Stake In Peru LNG To 35 Pct

KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.

Bursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top Gainers

KUALA LUMPUR, Sept 17 (Bernama) -- Trading on Bursa Malaysia continued to build up its momentum at mid-morning with glove counters dominating the gainers’ list.  

FBM KLCI Rises 0.17 Pct In Early Trade

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia traded slightly higher in early action, tracking mixed overnight performance on Wall Street ahead of the US Federal Reserve's interest rate decision tomorrow.

Foreign Investors Netted RM217.6 Mln In Equities Last Week – MIDF

KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during 9-13 September, marking the fifth consecutive week of net purchases.