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South, Southeast Asia Credit Strength Set To Remain Stable Over Next 12-18 Months Despite Strong Greenback

KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.

Anwar's Japan Visit To Advance Cooperation In Economy, Science, Technology

TOKYO, June 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Japan is expected to provide strategic opportunities for Malaysia to expand cooperation in the fields of the economy, science and technology, as well as capacity building.

SIRIM Appoints Nik Sazali Nik Hussin As President And Group CEO

KUALA LUMPUR, June 8 (Bernama) -- SIRIM Bhd has appointed Nik Sazali Nik Hussin as president and group chief executive officer (CEO), effective immediately.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Ringgit Higher Against Most Major Currencies, Easier Vs US Dollar

KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.

PM Anwar To Undertake Three-day official Visit To Japan

TOKYO, June 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will undertake an official visit here from June 8 to 10, at the invitation of the Japanese government, according to the Foreign Affairs Ministry.

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

Gold Futures To Trade Between US$4,400 And US$4,500 Next Week

KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.

Bursa Malaysia Seen Retesting 1,700 Level Amid Improved Risk Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia’s benchmark index is potentially retesting the 1,700 level and consolidating within the 1,710–1,715 range next week, supported by improving risk appetite and attractive valuations among selected Malaysian blue chip counters.

Ringgit Expected To Trade Between RM4.02 And RM4.04 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.

KLCI Futures Close Higher, In Line With Cash Market Gains

KUALA LUMPUR, June 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher today, reflecting the performance of the underlying cash market.

Ringgit Weighed Down By Rising Fuel Prices, Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.