Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended the trading week lower on Friday, tracking losses on the US Commodity Exchange (COMEX).

Ringgit Ends Easier Vs US Dollar Amid AI-Related Share Price Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.

Yinson Production, PTSC Achieve First Oil At Lac Da Vang Field Ahead Of Schedule

KUALA LUMPUR, Oct 23 (Bernama) -- Yinson Holdings Bhd’s offshore production business unit, Yinson Production Offshore Pte Ltd, and PetroVietnam Technical Services Corporation (PTSC) have achieved first oil at the Lac Da Vang (LDV) field offshore Vietnam ahead of schedule.

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.

Fuzhou’s 2025 Fishery Output Nets Record 70 Bln Chinese Yuan

KUALA LUMPUR, Oct 23 (Bernama) -- Fuzhou’s fishery output value surpassed 70 billion Chinese yuan for the first time in 2025, ranking first in China for the 31st consecutive year, according to the organisers of the World Maritime Equipment Conference 2026. (100 Chinese yuan = RM61.21)

Bursa Malaysia's Key Index Ends At Intraday High On Selective Buying In Heavyweights

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia ended the week on a flattish note, although the benchmark index managed to finish marginally higher as selective buying in index heavyweights helped offset cautious sentiment ahead of the weekend, said an analyst. 

Minimum Wage Exemption In Budget 2027 To Help MSMEs Adjust Recruitment, Salaries -- SME Corp

KUALA LUMPUR, Oct 23 (Bernama) -- The RM2,000 minimum wage exemption for micro, small and medium enterprises (MSMEs) with annual sales revenue below RM50 million in Budget 2027, effective June 2027, would help businesses adjust their workforce recruitment and salary structures, said SME Corporation Malaysia.

PAAB Proposes RM11.64 Bln Sukuk Programme For Long-term Water Infrastructure Development

KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.

EIP, Singapore's EDB Deepen Ties On Energy Innovation And Decarbonisation

KUALA LUMPUR, Oct 23 (Bernama) -- Energy Impact Partners (EIP), a global energy investor, has deepened its partnership with the Singapore Economic Development Board (EDB) to help advance energy innovation and decarbonisation in Singapore.

Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts

BANGI, Oct 23 (Bernama) -- Malaysia should use data and analytics to improve subsidy targeting based on household needs, helping those most in need while maintaining fiscal sustainability.

AiSEM@Selangor 2026 Records RM430 Mln In Potential GMV

KUALA LUMPUR, Oct 23 (Bernama) -- The Artificial Intelligence (AI) and Semiconductor Summit (AiSEM@Selangor) 2026 recorded an estimated RM430 million in potential gross merchandise value (GMV) and 23,333 visits over its four-day run before concluding on Oct 17, 2026.

AM Best To Present Insurance, Reinsurance Outlooks In Shanghai Conference

KUALA LUMPUR, Oct 23 (Bernama) -- Global credit rating agency, AM Best announced its analytic team members will present their outlooks on China’s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, to be held from Oct 27 to 30.