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ALPS Global Aims To Raise US$100 Mln Via Nasdaq IPO

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 15 (Bernama) – Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

India Hikes Import Tax On Palm Oil, Other Edible Oils By 20 Pct

By Shakir Husain

NEW DELHI, Sept 14 (Bernama) -- India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers.

Ringgit Likely To Continue Uptrend Next Week, Trading At 4.28-4.29 Against US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18. 

Gold Futures To Trade In Consolidation Mode Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives (BMD) is likely to trade in consolidation mode next week, ahead of the United States (US) Federal Open Market Committee’s meeting on Sept 17-18. 

Gold Futures End Higher

KUALA LUMPUR, Sept 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today due to expectations of interest rate cuts by the United States Federal Reserve. 

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

Bursa Malaysa Ends On A High Note

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.

OTC Markets Group To Connect East And West With OTC Overnight 

KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.

Bursa Malaysia Suspends Short-selling Of APB Resources Shares

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) for APB Resources Bhd (5568) for the rest of the day as the last done price of the approved securities dropped more than 15 per cent or 15 Sen.

Kura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka Expo

KUALA LUMPUR, Sept 13 (Bernama) -- Kura Sushi Inc, one of the world’s most popular revolving sushi chains, announced it will open a revolving sushi restaurant with 338 seats, the largest number of seats in the world for a company outlet, at the Osaka-Kansai Expo, Yumeshima, Osaka, on April 13, 2025.