KLCI Futures Close Lower In Line With Cash Market

KUALA LUMPUR, Nov 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Friday, in line with the negative cash market performance. 

Ringgit Slips Against US Dollar Amid Global Risk-off Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in the semiconductor sector.

BNM Takes Action Against Two Entities Over Unapproved Advertising Of Foreign Currency Services

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has taken enforcement action against Najmuldin Exchanger and Nusantara Global Network over suspected contraventions of the Financial Services Act 2013 (FSA).

TRC Synergy-CCCC-UFUK Semarak JV Lands RM2.69 Bln Penang LRT Works Contract

KUALA LUMPUR, Nov 6 (Bernama) -- TRC Synergy Bhd’s wholly owned subsidiary TRC Construction Sdn Bhd (TRC) and its joint venture (JV) comprising China Communications Construction Company Ltd (CCCC) and Ufuk Semarak Sdn Bhd (UFUK) (CCCC-TRC-UFUK JV) secures RM2.69 billion Penang Light Rail Transit (LRT) project works contract worth RM2.69 billion.

Rubber Market Ends Lower On Regional Futures Weakness, Higher Thailand Output Expected

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, tracking losses in regional rubber futures markets amid expectations of increased rubber production in Thailand, a dealer said. 

Only 13 Pct Of ICE Vehicles Have Flood Coverage Versus 50 Pct Of EVs

KUALA LUMPUR, Nov 6 (Bernama) -- Only 13 per cent of internal combustion engine (ICE) vehicles have flood insurance coverage compared with 50 per cent of electric vehicles (EVs), according to Insurance Services Malaysia (ISM) data from 2022 to the second quarter of 2026.

Seremban Engineering Bags RMB30 Mln Cross-border Supply Chain Contract

KUALA LUMPUR, Nov 6 (Bernama) -- Seremban Engineering Bhd’s wholly owned subsidiary, MIE Material Resources Sdn Bhd (MMR), has secured a cross-border supply chain services contract worth RM18.21 million from EPG Engineering System Sdn Bhd (EPGES).

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

12 Insurance Policies Related To Nepal Disaster Settled, Says Piam

KUALA LUMPUR, Nov 6 (Bernama) -- A total of 12 insurance policies involving Malaysians affected by the floods and landslides in Nepal have been fully settled by insurance companies, according to the General Insurance Association of Malaysia (PIAM).

Qianhai Taps APEC Summit To Deepen Shenzhen-Hong Kong Ties

KUALA LUMPUR, Nov 6 (Bernama) -- Qianhai, a Shenzhen-Hong Kong cooperation zone in southern China, is using the 33rd APEC Economic Leaders’ Meeting in Shenzhen this month to deepen trade links and regulatory cooperation with Hong Kong and Asia-Pacific economies.

Abu Dhabi’s TII, Naval Group Partner On Underwater Drones

KUALA LUMPUR, Nov 6 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII) has signed an agreement with French naval defence company, Naval Group to explore jointly developing and commercialising uncrewed underwater vehicles (UUVs).

BNM Has Regulatory Safeguards In Place To Ensure Cyber Resilience of Financial Institutions

By M. Saraswathi and Karina Imran

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has put in place regulatory requirements for financial institutions to maintain adequate cybersecurity safeguards, continuously strengthening their defences, said Governor Datuk Seri Abdul Rasheed Ghaffour.