Category: General

KUALA LUMPUR, FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today, tracking the underlying cash market. At 9.18 am, September 2024 added 8.5 points to 1,669.0, October 2024 rose 8.0 points to 1,672.0, December 2024 gained 7.0 points to 1,676.0 and March 2025 improved 9.0 points to 1,663.0. Turnover stood at 1,422 lots, with open interest at 48,289 contracts. The FBM KLCI went up by 1.96 points to 1,667.26 after 40 minutes of trading. Source: BERNAMA News Agency

Manila: Department of Science and Technology (DOST) Secretary Renato Solidum Jr. on Tuesday thanked the Marcos administration for the support and increase in the budget for research and development (R and D) for 2025. The Department of Budget and Management (DBM) has announced the PHP8.8 billion allocation for the DOST’s Grants-In-Aid (GIA) program for the agency to sustain the implementation of various science, technology, and innovation programs. “We thank the Administration and DBM for the increased budget and continued support to R and D which is the foundation of innovation,” Solidum told the Philippine News Agency. Although DOST’s proposed GIA

The United Nations on Monday criticized Israel for raiding Al Jazeera’s office in the occupied West Bank and ordering its closure for 45 days, saying the Israeli move is “limiting media coverage of what is going on in the region.” “We are extremely concerned about what we’ve seen. This is not the first time that Israeli authorities have shut down Al Jazeera,” UN spokesman Stephane Dujarric told reporters. Dujarric recalled that Israel previously carried out a similar action in Jerusalem, saying it “plays to a bigger picture of limiting media coverage of what is going on in the region, including

KUALA LUMPUR, The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon. Director-general Willie Walsh said the updated roadmaps make it clear that decarbonisation by 2050 is possible. ‘They also sound a warning bell that, to achieve this, all stakeholders, particularly policymakers, must collaborate more broadly and act with greater urgency. ‘To be successful, we need clear policy and financial frameworks that will support air transportation’s needs in a way that is realistic and coherent with the massive

KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their upward trend to close higher for the fifth consecutive day although the gains were smaller, nearly half of yesterday’s on the most active December contract. Fastmarkets Palm Oil Analytics senior analyst Dr Sathia Varqa told Bernama that the December contract retreated to stay below the psychological RM4,000 level during the second session as the ringgit strengthened against the US dollar and the export outlook dimmed. He also noted that significant stimulus measures announced by China’s central bank broadly impacted Asian currencies. ‘A stronger ringgit is negative for