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. 

CPO Futures Expected To Trade Lower Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.

China-Malaysia Bilateral Trade Surges To US$117.52 Bln In First 7 Months Of 2024

KUALA LUMPUR, Sept 13 (Bernama) -- Bilateral trade between China and Malaysia surged to US$117.52 billion (US$1 = RM4.30) in the first seven months of 2024, a 10.8 per cent increase compared with the same period last year, said Chinese Ambassador to Malaysia Ouyang Yujing.

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.

Sunway Malls Breaks Record With Six Wins At PPK Malaysia Awards

 KUALA LUMPUR, Sept 13 (Bernama) -- Sunway Malls made history by securing the highest number of awards ever won by a mall group, at the Persatuan Pengurusan Kompleks (PPK) Malaysia Awards, taking home six awards in the seventh edition of the prestigious event.

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.

Fruitful Outcomes At 24th China International Fair For Investment & Trade

KUALA LUMPUR, Sept 13 (Bernama) -- The 24th China International Fair for Investment & Trade (CIFIT), staged successfully in Xiamen, Fujian Province, saw 688 cooperation agreements signed with a total planned investment of 488.92 billion Chinese yuan. (100 Chinese yuan = RM60.67)

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.

MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence

KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence. 

Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness

KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.

Bursa Malaysia Higher At Midday Following Overnight Gains On Wall Street

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia experienced a positive trend at midday, buoyed by strong gains on Wall Street overnight, while investors await the United States Federal Reserve (Fed) meeting next week. 

No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul

KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.