LATEST NEWS   At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | Strategic cooperation between Petronas, Turkmenistan authorities opens up a new chapter in the economic and energy relations between Malaysia and Turkmenistan - PMO | 

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Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.

AKPK Appoints Azman Hasim As New CEO Effective Today

KUALA LUMPUR, June 18 (Bernama) -- Agensi Kaunseling dan Pengurusan Kredit (AKPK) has appointed Azman Hasim as its chief executive officer (CEO), effective June 18.

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Bursa Malaysia Ends Higher For Second Straight Day On Heavyweight Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia’s key index extended its rebound for a second consecutive day, closing more than one per cent higher,yh as investor sentiment remained buoyant amid improving regional market conditions and sustained buying interest in heavyweight counters. 

Affin Hwang Investment Bank Launches ELIs To Help Investors Navigate Market Volatility

KUALA LUMPUR, June 16 (Bernama) -- Affin Hwang Investment Bank Bhd today launched Equity-Linked Investments (ELIs) to provide investors customised exposure to a broad range of underlying assets while supporting diverse market and risk-return objectives amid ongoing global uncertainties.

TERAJU's Transfer To PM's Department Boosts PuTERA35 Agenda

KUALA LUMPUR, June 16 (Bernama) -- Placing the Bumiputera Agenda Steering Unit (TERAJU) under the Prime Minister's Department will enable the agency to advance the Bumiputera Economic Transformation Plan 2035 (PuTERA35), said Economy Minister Akmal Nasrullah Mohd Nasir.

KLCI Futures Likely To Remain Positive Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.

Gold Futures To Trade Cautiously Next Week

KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.

MAG President And Group CEO Capt Nasaruddin Appointed To IATA Governing Board For 3-year Term

KUALA LUMPUR, June 12 (Bernama) -- Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International Air Transport Association (IATA) during its 82nd annual general meeting in Rio de Janeiro, Brazil.

Galatek Opens Penang Facility, Commits To US$100 Mln Investment Within 5 Years

BUTTERWORTH, June 12 (Bernama) -- Galatek Technologies (Galatek) has opened its manufacturing, assembly and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development.

Boost Grassroot Level Preparations For El-Nino Phenomenon --Anwar

KUALA LUMPUR, June 11 (Bernama) – Being prepared at the grassroots level for the El Niño phenomenon needs to be strengthened as preventive measures and early groundwork are the best defence against the increasingly unpredictable impacts of extreme weather.