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Allianz Malaysia Strengthens Northern Footprint With Relocation Of Penang Branch

GEORGE TOWN, Oct 30 (Bernama) -- Allianz Malaysia Bhd is strengthening the company’s footprint in the northern region with the opening of a new Penang branch here today.

Xi Jinping Urges Partnership With US, Says Frictions Are 'Normal' Between Economic Powers

KUALA LUMPUR, Oct 30 (Bernama) -- China and the United States (US) should be partners and friends, Chinese President Xi Jinping said in his meeting with his counterpart Donald Trump at the Gimhae Air Base in Busan, South Korea, while stating that it is normal for two economic powerhouses to have frictions at times.

Xi Jinping Urges Partnership With Us, Says Frictions Are 'normal' Between Economic Powers

KUALA LUMPUR, Oct 30 (Bernama) -- China and the United States (US) should be partners and friends, Chinese President Xi Jinping said in his meeting with his counterpart Donald Trump at the Gimhae Air Base in Busan, South Korea, while stating that it is normal for two economic powerhouses to have frictions at times.

Bursa Malaysia Opens Higher On US Rate Cut

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

Framework Trade Deal Clinched In Malaysia Could Prompt Amicable Trump, Xi Meeting At APEC Korea

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 29 (Bernama) – As Prime Minister Datuk Seri Anwar Ibrahim travels to South Korea for the APEC Summit, he can take pride that it was Malaysia that offered a “neutral” venue for the United States (US) and China to reach a framework agreement and avert a trade war between the economic superpowers.

OTS Holdings Opens RM40 Mln Halal Advanced Food Manufacturing Facility In Johor

JOHOR BAHRU, Oct 29 (Bernama) -- Brand builder and food manufacturing group OTS Holdings Ltd has expanded its halal production capacity with the opening of a new RM40 million advanced food manufacturing facility in Simpang Renggam, Johor.

Bursa Malaysia Opens Higher On Improved Sentiment After ASEAN Summit

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher on Wednesday, lifted by improved investor sentiment following the conclusion of the ASEAN Summit and in line with overnight gains on Wall Street.

Ringgit Opens Higher Against US Dollar, Lifted By ASEAN Summit Success

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.

Exim Bank, Export Finance Australia Forge Strategic Partnership In Investment, Trade

KUALA LUMPUR, Oct 28 (Bernama) -- Export Finance Australia (EFA) and Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) have signed a memorandum of understanding (MoU) to deepen cooperation and unlock new opportunities for investment across Southeast Asia.

Profit-taking Trims Early Gains On Bursa Malaysia

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia opened higher on Tuesday but pared its early gains as investors locked in profits following recent advances, despite positive cues from global markets.

Malaysia-US Reciprocal Trade Agreement Strengthens Economic Ties, Boosts Market Access

KUALA LUMPUR, Oct 27 (Bernama) -- The signing of the Malaysia-United States Agreement on Reciprocal Trade (ART) reaffirms the strong economic ties between the two nations and highlights Malaysia’s role as a key US partner in Southeast Asia, opening new opportunities for cooperation in trade, investment and innovation, said the American Malaysian Chamber of Commerce (AMCHAM).