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Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC

KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.

FIHB Subsidiary Secures RM46.96 Mln Structural Works Contract

KUALA LUMPUR, Nov 2 (Bernama) -- Federal International Holdings Bhd’s (FIHB) wholly-owned subsidiary, Federal Builders Industries Sdn Bhd, has secured a RM46.96 million contract from Perumahan Masteron Sdn Bhd.

Bursa Malaysia's Key Index Ends Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended higher today, recovering from early losses to remain above the 1,600-point level, supported by selective bargain hunting in telecommunications and commodity-related heavyweights despite continued weakness in technology stocks.

Rubber Market Ends Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 2 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker ringgit against the US dollar, a dealer said.

MATRADE Expects Malaysia's Trade Surplus To Grow By 20 Pct This Year

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.

Atos Names Judith Stewart To Lead Asia Pacific Healthcare, Life Sciences

KUALA LUMPUR, Nov 2 (Bernama) -- Atos, an artificial intelligence (AI)-powered digital transformation company, has appointed Judith Stewart as Head of Healthcare & Life Sciences for Asia Pacific, as it seeks to grow the business and help healthcare organisations use AI, sovereign technologies and cybersecurity.

Chinese Businesses Delegation Indicates US$15 Bln Investments In Malaysia -- Ahmad Zahid

KUALA LUMPUR, Nov 2 (Bernama) -- A Chinese business delegation has indicated intentions to invest US$15 billion (US$1 = RM4.06) in Malaysia, across six high-potential sectors including electrical and electronics (E&E), semiconductors, and the halal industry, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

EPMB Starts Production Of Two New GWM Hybrid Models In Melaka

ALOR GAJAH, Nov 2 (Bernama) -- EP Manufacturing Bhd (EPMB) is expanding its vehicle assembly operations in Pegoh, Melaka, with the roll-out of two new Great Wall Motor (GWM) models, namely the Wey G9 HEV multi-purpose vehicle and EC15S hybrid sport utility vehicle (SUV).

Heathrow Trails, JFK Tops In Airport Wi-Fi Stress Index - Holafly

KUALA LUMPUR, Nov 2 (Bernama) -- London Heathrow ranked last and New York’s JFK first among eight international business hubs in eSIM provider Holafly’s Airport WiFi Stress Index, which compares airport Wi-Fi conditions for business travellers.

China Investors Interested In Developing Aluminium, Green Energy Facilities In Bintulu – Ahmad Zahid

KUALA LUMPUR, Nov 2 (Bernama) – Investors from China are interested in developing an aluminium production plant as well as a green energy facility in Samalaju, Bintulu, Sarawak, to support manufacturing activities oriented towards the international market.

US Signs Expo 2030 Riyadh Participation Contract

KUALA LUMPUR, Nov 2 (Bernama) -- The United States (US) has signed its participation contract for Expo 2030 Riyadh, paving the way for the development of its pavilion at the World Expo to be held in the Saudi  capital from Oct 1, 2030, to March 31, 2031.

AirAsia Advises Guests To Plan Ahead For Year-End Peak Travel Period

SEPANG, Nov 2 (Bernama) -- AirAsia has advised guests travelling during the year-end peak travel period to plan ahead and allow sufficient time for their journeys amid increased passenger traffic and potentially adverse weather conditions.