FBM KLCI Stays Marginally Up At Midday; Market Breadth Negative

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s barometer index was marginally higher at midday as traders awaited the upcoming United States (US) Producer Price Index data for cues to gauge the Federal Reserve’s future interest rate moves, analysts said. 

Federal Govt Records RM112.53 Mln Loss On Disposal Of Astronautic Shares - Audit Report

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government suffered a loss of RM112.53 million on the disposal of Astronautic Technology (M) Sdn Bhd shares, where the nominal value of shares worth RM112.58 million was sold for RM50,000.

Audit Report: Federal Govt's Financial Performance Improves In 2023, Achieves Surplus And Decrease In Deficit

KUALA LUMPUR, Oct 14 (Bernama) -- The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion.

Malaysia, Turkiye Exploring Potential Collaboration In Green Energy Sector - Chang

KUALA LUMPUR, Oct 12 (Bernama) -- Malaysia and Turkiye are exploring potential collaboration in the field of green and alternative energy, in line with Malaysia’s commitment to adopting more sustainable and eco-friendly energy sources.

CPO Futures Forecast To Trade With Positive Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said. 

Enlit Asia 2024 Urges ASEAN To Unite, Embrace Digitalisation, Drive Innovation

KUALA LUMPUR, Oct 11 (Bernama) -- The just-concluded three-day Enlit Asia 2024 has called on ASEAN to unite, embrace digitalisation and drive innovation to accelerate the region’s energy transition agenda.

Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

CPO Futures Snap Three-day Losing Streak To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said. 

MARii Trains 1,253 Engineers, Elevating Malaysia As ASEAN's Automotive Leader

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Automotive, Robotics, and IoT Institute (MARii) has trained and certified 1,253 engineers through the Digital Engineering and Prototyping (DEP) Professional Certification Programme since its inception in 2020. 

Former Maybank CEO Amirsham Is Alliance Bank's New Chairman

KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.