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FBM KLCI Ends Morning Session Firmer Lifted By Banking, Telco Stocks

KUALA LUMPUR, April 18 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by persistent buying in heavyweights, particularly in the banking, telecommunications (telco), and plantation sectors, amid continued investor interest and optimistic sectoral outlooks.

Ringgit Rises Amid Persistent Uncertainty Over US-China Trade Tensions

KUALA LUMPUR, April 18 (Bernama) -- The ringgit strengthened against the US dollar at the opening on Friday, as the US Dollar Index (DXY) continued to hover below the 100-point mark amid persistent uncertainty over the US-China trade tensions.

Ringgit Ends Marginally Higher Against US Dollar Amid Global Trade Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed marginally higher against the US dollar today, driven by a weaker greenback amid global trade tensions, said an analyst.

Xi Makes Three Proposals To Deepen Strategic Partnership With Malaysia 

KUALA LUMPUR, April 16 (Bernama) --  Chinese President Xi Jinping has outlined a three-point proposal to build a high-level strategic China-Malaysia community with a shared future, during talks with Prime Minister Datuk Seri Anwar Ibrahim in Putrajaya on Wednesday.

Bursa Malaysia Rebounds To End Morning Session Firmer

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia ended the morning trading session higher after a sluggish start, supported by gains in heavyweights, led by the consumer products, telecommunications, and banking counters.

Ringgit Opens Higher Vs US Dollar As Tariff Uncertainties Linger

KUALA LUMPUR, April 17 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies.

Bina Puri Appoints Marcus Goh As GCEO, Mohd Kamarudin As Non-executive Director

KUALA LUMPUR, April 16 (Bernama) -- Bina Puri Holdings Bhd has appointed Marcus Goh Kee Lun as executive director cum group chief executive officer (GCEO) and Datuk Seri Mohd Kamarudin Md Din as an independent non-executive director.

Sapura Industrial Says Largely Insulated From US Tariffs, Monitors Indirect Impact

KUALA LUMPUR, April 16 (Bernama) -- Sapura Industrial Bhd (SIB) said it remains largely insulated for now from potential exposure to United States (US) tariffs, though it continues to monitor indirect impacts on its clients and export market demand.

Profit-taking In Heavyweights At Midday Weighs On Bursa Malaysia

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, dragged down by profit-taking in several heavyweight counters, particularly within the industrial products, banking, and utility sectors.

Keyfield Signs MOA With Chinese Firm To Acquire US$20.55 Mln Cable-Laying Barge

KUALA LUMPUR, April 15 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary Keyfield Ventures (Labuan) Ltd (KVL), has signed a memorandum of agreement (MoA) with China’s Taizhou Sanfu Ship Engineering Co Ltd to acquire a new 98-metre-long Dynamic Positioning 2 (DP2) cable-laying barge.

APAC Credit Conditions Remain Firmly On The Downside Amid China-US Trade Tension -- S&P

KUALA LUMPUR, April 15 (Bernama) -- Asia-Pacific credit conditions remain firmly on the downside, given the escalation in China-US relations and uncertain US trade policy, which are hitting growth and confidence in the region, said S&P Global Ratings.

SAS Aims To Replicate Regional AI Successes To Boost Malaysia's Banking Sector

KUALA LUMPUR, April 15 (Bernama) -- Global analytics and artificial intelligence (AI) firm SAS Institute Inc seeks to replicate successful risk and compliance strategies from other regional markets to help boost Malaysia’s banking and financial services industry.