KUALA LUMPUR, July 25 (Bernama) -- CGS International Securities Malaysia Sdn Bhd remains positive on Malakoff Corporation Bhd, citing its strong position to secure upcoming Energy Commission tenders amid rising power demand and the urgent need to ensure supply stability and reserve margins.
KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.
NEW YORK, July 24 (Bernama-Xinhua) -- Ongoing tariff uncertainty is putting pressure on US textile and apparel firms, as sourcing executives warn that the lack of clear trade rules is complicating supply chain planning, pricing strategies, and diversification efforts, Xinhua reported.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by optimism that Malaysia could secure a more favourable trade deal with the United States (US), said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 24 (Bernama) -- The Malaysian rubber market closed higher on Thursday, driven by an increasing trend in the regional rubber futures markets due to concerns over rubber supply, a dealer said.
KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)
KUALA LUMPUR, July 24 (Bernama) -- The consumer sector appears to be regaining its bullish momentum with notable names such as 99 SpeedMart, AEON, EcoShop, and Farm Fresh posting strong gains, which has resulted in the Kuala Lumpur Composite Index (KLCI) recording its first green session for the week.
KUALA LUMPUR, July 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday, supported by improved market sentiment following the latest fiscal support measures.
KUALA LUMPUR, July 23 (Bernama) -- Wasco Bhd is taking early steps to support small and medium-sized enterprises (SMEs) in its supply chain as Malaysia prepares for mandatory environmental, social and governance (ESG) disclosures under the National Sustainability Reporting Framework (NSRF).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank.
