Ringgit Strengthens Against US Dollar, Court Pauses Block On Trump-era Tariffs

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.

CPO Futures Extend Gains For Fifth Day On Firmer Soybean Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives climbed for the fifth consecutive session today, driven by stronger soybean oil prices.

Gold Futures End Lower, Weighed Down By Strong Dollar After US Court Invalidates Trump’s Tariffs

KUALA LUMPUR, May 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower, weighed down by a stronger US dollar after a US trade court blocked most of US President Donald Trump’s tariffs on imports into the country.

Vestland's Unit Secures Design, Build Contract Worth RM156.91 Mln

KUALA LUMPUR, May 29 (Bernama) -- Vestland Bhd, via its wholly-owned subsidiary Vestland Resources Sdn Bhd, has secured a RM156.91 million contract from Mercu Majuniaga Sdn Bhd to undertake design and build works for a mixed development project.

FBM KLCI Futures End Lower

KUALA LUMPUR, May 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, in tandem with the negative performance of the underlying cash market.

UEM Edgenta Secures Order Book Worth RM1.1 Bln In 1Q FY2025, Bringing Total To RM9.3 Bln

KUALA LUMPUR, May 29 (Bernama) -- UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company’s cumulative order book to RM9.3 billion as at March 31, 2025.

Federal International Holdings Wins RM64.89 Mln Contract In PJ Selatan

KUALA LUMPUR, May 29 (Bernama) -- Federal International Holdings Bhd’s wholly-owned subsidiary, Federal Builders Industries Sdn Bhd (FBI), has been awarded a RM64.89 million contract by Perumahan Masteron Sdn Bhd (PMSB) for a development project at PJ Selatan Sentral in Petaling Jaya.

Ekuinas Committed Direct Investments Rose To RM4.9 Bln In FY2024

KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, May 29 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives traded lower in early session on Thursday.

Pestec Bags RM270 Mln Klang Valley Rail Job 

KUALA LUMPUR, May 28 (Bernama)-- Pestec International Bhd’s (Pestec) unit, Pestech Technology Sdn Bhd has secured a RM270.4 million contract from Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for works on Phase 2 of the Klang Valley electric double-track railway project.

CPO Futures Close Higher On Strong Exports, Firm Soybean Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by stronger export performance.

Timor-Leste PM’s Visit To Weststar Signals Stronger Bilateral Ties In Aviation, Energy

KUALA LUMPUR, May 28 (Bernama) -- The official visit by Timor-Leste Prime Minister Kay Rala Xanana Gusmao to Weststar Group’s headquarters reflects the shared commitment of both Weststar Group and the Timor-Leste government to strengthening bilateral cooperation in aviation, energy support services, and economic development.