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Bursa Malaysia Seen Trading Between 1,500 And 1,530 Next Week, Pending Fresh Catalysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 7 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,500 and 1,530 points next week, pending fresh market catalysts, said an analyst.

FBM KLCI Futures To Mirror Cash Market Next Week On Cautious Global Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, amid ongoing global market uncertainty.

LyondellBasell To Divest Four European Sites In Deal With AEQUITA

KUALA LUMPUR, June 6 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe.

AI Evolution To Play Bigger Role For Enterprises, Digital Banking - Industry Player

From Nor Baizura Basri

SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.

RCEP, ACFTA Key To Unlocking ASEAN-China Trade Potential - ASEAN Sec-Gen

From Kisho Kumari Sucedaram

HUANGSHAN, June 5 (Bernama) -- Stronger grassroots implementation, simplified processes for businesses, and closer public–private partnerships are key to unlocking the full potential of regional trade pacts, according to ASEAN Secretary-General Dr Kao Kim Hourn.

Ringgit Opens Higher Against Greenback Amid Weaker US Economic Data

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 5 (Bernama) -- The ringgit opens marginally higher against the US dollar on Thursday, amid weaker-than-expected United States (US) economic data and tariff uncertainties, an analyst said.

CPO Futures End Higher On Stronger Exports, Higher Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, driven by stronger export performance and higher soybean oil prices on the Chicago Board of Trade (CBOT), according to palm oil trader David Ng.

Malaysia Must Brace For Future US Tariffs, Says US-ASEAN Business Council Chief Policy Officer

By Nurunnasihah Ahmad Rashid and Nur Atiq Maisarah Suhaimi

KUALA LUMPUR, June 4 (Bernama) -- Malaysia must be prepared to negotiate the next wave of potential American tariffs targeting key strategic sectors and products such as semiconductors, technology products and pharmaceuticals, rather than focusing solely on negotiating reciprocal tariffs reductions currently with the US.

Rubber Market Ends Mixed Amid US-China Trade Talks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 4 (Bernama) -- The Malaysian rubber market ended mixed today as traders remained cautious amid growing hopes of the United States (US)-China trade talks this week, a dealer said. 

Allianz Life, HSBC Launch EliteDiamond To Address Legacy Planning Needs

KUALA LUMPUR, June 4 (Bernama) -- Allianz Life Insurance Malaysia Bhd and HSBC Bank Malaysia Bhd have expanded their partnership with the launch of HSBC’s EliteDiamond, an investment-linked plan targeting the rising demand for legacy planning among high-net-worth individuals.

Snowflake Can Play An Important Part In ASEAN's DEFA

From Nor Baizura Basri

SAN FRANCISCO, June 4 (Bernama) -- US-based cloud company Snowflake said it could play an important part in the ASEAN Digital Economy Framework Agreement (DEFA) as the bloc’s member countries aim to conclude the negotiations by the end of this year.

Bursa Malaysia Marginally Lower At Midday

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia were marginally lower at midday, weighed down by selling activities in selected heavyweights, led by consumer products and services as well as financial services stocks.