Bursa Malaysia Stays Lower At Midday On Persistent Selling

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia stayed lower at midday on Thursday due to persistent selling in selected heavyweights, led by the utilities and financial services sectors.  

Ringgit Bounces To Fresh 14-month High As US Dollar Weakens On Expected Rate Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Rubber Market Ends Mixed Amid Softer Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday following downward momentum in regional rubber futures and a slightly stronger ringgit against the US dollar, a dealer said.

Nike Announces Senior Leadership Changes To Accelerate "Win Now" Strategy

KUALA LUMPUR, Dec 3 (Bernama) -- NIKE Inc, a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories, has announced a series of Senior Leadership Team (SLT) changes aimed at strengthening operational integration and accelerating its "Win Now" priorities.

ASEAN Must Strengthen Cybersecurity As Digital Adoption Grows - AWS

LAS VEGAS, Dec 2 (Bernama) -- ASEAN countries, including Malaysia need stronger cyber protection as the region accelerates digital adoption, said Amazon Web Services (AWS).

Ethiopian Airlines Sees Stronger Asia-Pacific Growth With Malaysia Emerging As Fast-Growing Market

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 3 (Bernama) – Ethiopian Airlines is strengthening its presence in the Asia-Pacific region, with Malaysia emerging as one of its fastest-growing markets amid surging air travel demand between Africa and Asia.

Melaka Speeds Up Industrial Growth Through Melaka Industrial Booster

MELAKA, Dec 3 (Bernama) – The Melaka state government is stepping up efforts to drive industrial development through the Melaka Industrial Booster (MIB), a one-stop centre designed to streamline investment processes and accelerate the growth of industrial zones across the state.

CPO Futures End Higher On Seasonal Peak Expectation

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today in view that production may have reached its seasonal peak, a palm oil trader said.

Malaysia’s PMI Rises As November New Orders Hit Three-Year High

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s manufacturing sector Purchasing Managers’ Index (PMI) rose to 50.1 in November versus 49.5 in October, supported by a surge in new orders that reached their highest level in more than three years, said MBSB Investment Bank Bhd (MBSB IB).

IATA: Asia Pacific Demand Remains Robust, Malaysia Set For Sustained Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).

Ringgit Strength Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia opened higher today despite the weaker performance on Wall Street, supported by the stronger ringgit which continued to lift investor sentiment.

Gold Keeps Shining, But The Spark To Hit US$5,000 Isn’t There Yet

KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books.