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Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia opened higher on Tuesday, mirroring Wall Street’s positive overnight performance amid expectations of spillover buying interest into the FTSE Bursa Malaysia KLCI (FBM KLCI).

CGC Appoints Madelena Mohamed As Non-independent Non-executive Director Effective May 1

KUALA LUMPUR, May 11 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has appointed Madelena Mohamed as a non-independent non-executive director, effective May 1, 2026.

KLCI Futures Open Higher

KUALA LUMPUR, May 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives today, tracking the gains in the cash market.

Sibu Needs New Industrial, Agricultural Push To Stay Competitive

By Frank Julian Martin

SIBU, May 12 (Bernama) -- Sibu needs to accelerate new industrial and agricultural development initiatives to regain its economic competitiveness and prevent further outmigration of local talent, according to Delta Leasing Bhd executive chairman, Dr Gregory Hii Sui Cheng.

Ringgit Opens Higher Versus Greenback, Major Currencies

KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.

Bursa Malaysia Securities Reprimands, Fines Dealer RM59,000 Over Share Manipulation

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters. 

RHB Gets BNM Approval To Start Tokio Marine Talks

KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.

CPO Futures Close Higher On Soybean Oil Gains

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

Bursa Malaysia Gold Futures End Lower

KUALA LUMPUR, May 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower, tracking losses on the US COMEX.

Pos Malaysia’s Ar-Rahnu Secures RM100 Mln Funding Facility From Maybank Islamic

KUALA LUMPUR, May 11 (Bernama) -- Pos Malaysia Bhd’s wholly-owned subsidiary, Pos Ar-Rahnu, has secured a short-term revolving credit-i facility of up to RM100 million from Maybank Islamic Bhd.

Ringgit Closes Higher Against Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.

KLCI Futures Close Higher

KUALA LUMPUR, May 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday, despite the weaker performance in the cash market.