Latest Bursa Malaysia News
Basic Materials Sector Remains Positive Although Results Missed Expectations For 2Q23: RHB IB – BusinessToday
RHB Investment Bank's (RHB IB) outlook on the demand for aluminium is still positive, as they expect it to see a meaningful recovery beyond 2024, [more]
Bursa Malaysia Likely To Remain Rangebound – BusinessToday
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in [more]
Mercury Securities Third Quarter Revenue Recorded At RM7.26 Million, Net Profit Hits RM3.73 Million – BusinessToday
Mercury Securities Group (MERSEC, 0285), which is to be listed next Tuesday (Sept 19) on the he ACE Market of Bursa Malaysia, announced its performance [more]
Oil Prices Extend Rally On China Stimulus Cheer, Tight Supply Outlook – BusinessToday
Oil prices extended gains into Asian trade on Friday, buoyed by more stimulus measures from major importer China, while the prospect of tighter supplies and [more]
Stock Picks Of The Day – Bumi Armada, IFCA MSC – BusinessToday
Bumi Armada saw a strengthening of the uptrend reversal, as the stock breached the MYR0.53 breakout level, ie 6 Jun's high. RHB Retail Research said [more]
Hang Seng Index Futures: Positive Momentum Gaining Traction – BusinessToday
The HSIF is attempting to cross above the 20-day SMA line, climbing 11 pts and closing at 18,066 pts yesterday. RHB Retail Research said today [more]
Win Streak May Continue For Singapore Stock Market – BusinessToday
The Singapore stock market has moved higher in back-to-back sessions, gathering more than 35 points or 1.1 percent along the way. The Straits Times Index [more]
U.S. Stocks Climb As Dow Rises Over 300 Points In Line With World Rally – BusinessToday
Wall Street rose Thursday after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too.gl The S&P 500 climbed [more]
Councillor Wants Trouble Plagued EKVE Project Checked
The highway has long been overdue for completion and the contractor has asked for extension Read More
China Accuses EU Of Protectionism Over Anti-Subsidy Probe On Chinese EVs
The world's biggest EV manufacturer believes that the investigation proposed by the EU is a practice of pure "protectionism," the spokesperson said, adding that the [more]
AWC Aqcuires Remaing Stake In Stream Group and Premium Patents For RM110 Million
AWC said the acquisition will allow the group to streamline and fully consolidate the financial performance of the companies and allow it to obtain full [more]
Elon Again Irks Taiwan With His Reunification Comment
Last October, he suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing, drawing a similarly [more]
Human Activity Jeopardising Earth’s Life-Support Systems – BusinessToday
The Earth's life-support systems are facing greater risks and uncertainties than ever before, with most major safety limits already crossed as a result of planet-wide [more]
AmBank, BSN To Empower MSMEs Through ‘Amplifying MSMEs Programme – BusinessToday
AmBank and Bank Simpanan Nasional (BSN) have signed an MOU to collaborate in establishing an Entrepreneurship Development Workshop via the "Amplifying MSMEs Programme" to nurture [more]
RHB Investment Bank Reprimanded And Fined RM350,000 For Breaches Bursa Rules
The bank breached the rules pertaining to being a sponsor for an ACE market applicant Read More
Mandatory Licensing For Social Media Platforms Being Considered: Fahmi – BusinessToday
The Ministry of Communications and Digital (KKD) is examining the need to license large platform providers such as Google, Meta, and TikTok that generate revenue [more]
Heitech Padu Secures RM40.9 Million MOE Contract For Laptop Supply
Heitech added the contract is in the best interest of the company and is expected to contribute positively to the earnings and net assets per [more]
Bursa Finish Mixed As U.S. Rate Hike Pause Hope Grows On Thursday – BusinessToday
Bursa Malaysia ended mixed as volatility subsided amid renewed hope of a Federal Reserve's rate hike pause after the latest US inflation data. At 5pm, [more]
Singapore Reaping Rising Investment From China, India, SEA – BusinessToday
Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the US remains its largest investor, its investment chief [more]
MYStartup Makes Its Stop In Penang, Elevate Startup Ecosystem – BusinessToday
MYStartup NXT continues with the Penang chapter as their third stop, to foster a culture of innovation, inclusivity and sustainability within the startup ecosystem in [more]
MIHAS A Robust Platform To Seize Opportunities In Halal Industry: Affin Islamic – BusinessToday
Affin Islamic Bank Bhd sees the 19th Malaysia International Halal Showcase (Mihas) 2023 as a robust platform for both international and local players to seize [more]
Icon Group, Sunsuria Healthcare To Elevate Cancer Services In Malaysia – BusinessToday
Sunsuria Healthcare announced a new joint-venture entity, Icon Sunsuria Sdn Bhd ("Icon Sunsuria"). With a shared commitment to enhancing patient outcomes and advancing cancer care [more]
Singapore Resident Employment Falls For The First Time In 3 Years
Resident employment contracted by 1,200 in the second quarter of 2023 despite "robust increases" in sectors such as community, social and personal services and financial [more]
Idaman BSP Marks Milestone In Affordable Housing Initiative By MGB Berhad – BusinessToday
MGB Berhad has marked the completion of its Idaman BSP structure with a roof topping up ceremony. Located in Bandar Saujana Putra, Idaman BSP is [more]