Markets

Bursa Malaysia Surges As Fed Cuts Rates, Lifting Market...

Bursa Malaysia closed on a positive note on Thursday, buoyed by sustained buying interest following the US Federal Reserve's (Fed) decision to cut interest rates by half a percentage...

F&N Is The Top Loser Today While MPI Vice...

In the broader market, gainers significantly outpaced decliners, with 898 stocks advancing compared to 322 that declined. Meanwhile, 392 counters remained unchanged, 893 were untraded, and 10 were suspended. Here...

Foreign Exchange Rates September 19, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on September 19, provide a comprehensive overview of currency fluctuations for the day. These rates,...

KLCI Edges Up Amid Cautious Trading At Midday

The FBM KLCI closed the midday session slightly higher at 1,662.80 points, gaining 2.21 points or 0.13%. Trading volume reached 2.3574 billion shares, with a total transaction value of...

Ringgit Opens Slightly Lower Against U.S. Dollar Despite Fed’s...

The ringgit opened marginally lower against the US dollar amid muted buying interest, despite a 50-basis-point rate cut by the US Federal Reserve. At 8:05 a.m., the local currency...

Property

CHHB Clarifies On Two Cases Filed Against The Group

Country Heights Holdings Berhad has issued a statement regarding the company's recent legal proceedings, including two separate matters with the first case involving a winding-up petition by Mark Cellam...

Eco World 3Q Profit Rose 21% To RM80.4 Million,...

For the third quarter financial year 2024, Eco World saw its revenue and gross profit increase by 10.4% and 27.1%, respectively, compared to 3Q 2023 of 31.3% in 3Q...

Weaker New Sales Plagues Glomac’s Potential

Glomac Berhad reported its 1QFY25 earnings to be within expectations, with core net income of RM7.28 million making up 34% of the full-year forecast. The company's performance was mainly...

News

More Upside For Kimlun From Recent Wins

Kimlun Corporation Bhd (KIMLUN) has won its fifth contract in FY24 worth RM128.1m contract to build a residential development project in Johor Bahru. The...

Time To Introduce The Malaysia Carbon Market Policy

Carbon credits are one type of compensatory mechanism for offsetting the emissions of carbon dioxide or other greenhouse gases. When a company buys a...

Delay In Appointing The Chief Judge Of Malaya Is Concerning

The Malaysian Bar said is deeply concerned about the ongoing delay in the appointment of the Chief Judge of Malaya (“CJM”), a post that...

CHHB Clarifies On Two Cases Filed Against The Group

Country Heights Holdings Berhad has issued a statement regarding the company's recent legal proceedings, including two separate matters with the first case involving a...

Eco World 3Q Profit Rose 21% To RM80.4 Million, Declares Second Interim Dividend

For the third quarter financial year 2024, Eco World saw its revenue and gross profit increase by 10.4% and 27.1%, respectively, compared to 3Q...

Tony Fernandes Unveils AirAsia’s Ambitious Expansion In Indonesia

AirAsia is set to expand its network in Indonesia, with a particular focus on the country's southernmost region, Nusa Tenggara Timur, according to Tan...

Apple’s Closed Ecosystem Under The EU Microscope

On Thursday, EU antitrust regulators initiated proceedings to ensure Apple adheres to new landmark regulations requiring the company to open its closed ecosystem to...

Malaysia’s Sultan Ibrahim Arrives In China For Historic State Visit & Diplomatic Milestone

Sultan Ibrahim, the King of Malaysia, has arrived in China for a four-day state visit. This marks His Majesty’s inaugural visit to China since...

Editor's Choice

Entrepreneur

Global Highlights

Opinions

Net Zero 2050

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Stay Connected

Next Phase

Trade

Malaysia-Cambodia Launch Cross-Border QR Payment Links

Bank Negara Malaysia and the National Bank of Cambodia have launched the cross-border QR...

August Trade Grew 18.6% Hits RM252.65 Billion, Fastest Rate...

The Malaysian trade for August 2024 came in at another stellar performance and continued...

Ringgit Maintains Uptrend Momentum Against Greenback

The ringgit has been on an uptrend against the US dollar today, moving to...

Navigating The Challenges And Opportunities In Transitioning To A...

The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Berhad (Alliance Bank) have...

Local Ports Bustle Despite Regional Crisis And Strict Carbon...

Malaysia's seaports showcased strong growth though the sector's earnings delivery saw a slight deterioration...

Matrade’s Virtual International Sourcing Programme Achieves RM347 Million In...

MATRADE announced that the virtual segment of the International Sourcing Programme (INSP) at the...

Ringgit Strenghens To New Levels At 4.26

The local currency is seeing new levels of strength after settling at 4.26 on...

Scale Up

Travel & Dining