ASEAN Must Remain Neutral To Boost Regional Investment - Tengku Zafrul

VIENTIANE, Oct 8 (Bernama) -- ASEAN must maintain its neutrality in the face of global geopolitical tensions to stimulate foreign investments in the region, said Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Opens Higher Against US Dollar On Firmer Oil Prices

KUALA LUMPUR, Oct 8  (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst. 

CPO Futures Close Higher Amid Middle East Tensions, Crude Oil Rally

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.

Gold Futures Decline On Strong US Payroll Data

KUALA LUMPUR, Oct 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday as strong United States (US) payroll data led traders to anticipate a smaller interest rate cut by the US Federal Reserve.

FBM KLCI Futures Close Higher

KUALA LUMPUR, Oct 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, tracking the underlying cash market.

Bursa Malaysia Ends Firmer On Bargain Hunting Amid Regional Uptrend

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the trading day higher on Monday amid the regional uptrend, buoyed by bargain hunting in commodities, consumer goods and gaming. 

MPOC Welcomes EU's Decision To Delay EUDR Implementation

KUALA LUMPUR, Oct 7 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has commended the European Commission’s (EC) decision to delay the implementation of the European Union Deforestation Regulation (EUDR) until Dec 30, 2025.

Sorento Capital To Raise RM57.4 Mln, Targets 200 New Dealers

KUALA LUMPUR, Oct 7 (Bernama) -- Sorento Capital Bhd, a provider of bathroom and kitchen sanitary ware solutions, is set to raise RM57.4 million through its initial public offering (IPO) and plans to recruit 200 new dealers across Malaysia over the next three years.

ASEAN's Solidarity Can Make It A Competitive Force On The Global Stage - Tengku Zafrul

By Rosmalis Anuar

VIENTIANE, Oct 7 (Bernama) -- Malaysia has emphasised three key strategies to strengthen ASEAN’s economic resilience as global expansion is projected to be at a subdued pace, affected by ambiguity in inflation, heightened geopolitical tensions and increasing geoeconomic fragmentation.

Nihon M&A Center Sets Up Fund Management Company To Drive ASEAN Expansion, Cross-border M&A

KUALA LUMPUR, Oct 7 (Bernama) -- Nihon M&A Center Holdings has established a subsidiary fund management company Asean to Global Capital (AtoG Capital) to support Japanese companies’ expansion into the Southeast Asian region.

Bursa Malaysia Higher At Midday

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.

Foreign Investors Dispose RM1.1 Bln Worth Of Equities Last Week

KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).