Bursa Malaysia Opens Lower, Key Index Slips Below 1,500

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.  

Ringgit Rises As US Dollar Index Retreats

KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.  

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

Swedish SMEs Expand Into Southeast Asia In Business Sweden's ‘Triple-Country’ Mission

KUALA LUMPUR, March 11 (Bernama) -- Swedish small and medium-sized enterprises (SMEs) are setting their sights on Southeast Asia as a key growth market, with a delegation of 24 companies embarking on a study tour to Thailand, Vietnam and Malaysia from March 10 to 14, led by Business Sweden.

CPO Futures End Mostly Lower On Weaker Export Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly lower as sentiment weakened due to slower export pace, which dragged prices down, traders said.

Tengku Zafrul Highlights Need For Continued ASEAN-UK Engagement To Boost Business Opportunities

KUALA LUMPUR, March 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has emphasised the importance of continuous engagement between ASEAN and the United Kingdom (UK) in expanding business opportunities and deepening the strong economic ties that have been built.

Gold Futures Close Lower Ahead Of US Inflation Data

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday on caution ahead of US inflation data tomorrow.

FBM KLCI Futures End Lower, Tracking Cash Market Losses

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking losses in the underlying cash market.  

Ringgit Ends Slightly Higher Against Greenback Amid Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.

Synthomer Invests RM1.4 Bln In Johor Over Two Decades -- Tengku Zafrul

KUALA LUMPUR, March 11 (Bernama) -- The UK-based Synthomer, a leading specialty chemicals company, has invested more than RM1.4 billion in Johor over the past 20 years, advancing technology and supporting the glove industry’s supply chain along with other sectors.

Rubber Market Closes Slightly Lower On Weaker Regional Futures Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 11 (Bernama) -- The Malaysian rubber market eased slightly on Tuesday, tracking downward momentum in the regional rubber futures markets as the global sentiment was ruled by worries over global economic slowdown and rising trade war, said a dealer. 

FBM KLCI Continues Slide Amid Heightened Volatility, Wall Street Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.