KL Rubber Market Ends Mixed

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, supported by gains in regional rubber futures markets, while concerns over developments in West Asia capped further upside, a dealer said.

AmBank Group Expects FY2027 Loan Growth To Remain At 7-8 Pct

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects its loan growth to remain at around seven per cent to eight per cent for the financial year 2027 (FY2027), supported by continued demand from mid-tier corporates and small and medium enterprises (SMEs).

Malaysia Affected By Strait Of Hormuz Issue, But Not As Severely As Countries Without Oil & Gas - Johari

IPOH, Aug 20 (Bernama) -- Malaysia has also been affected by the crisis and disruptions to the energy sector related to the dispute over the Strait of Hormuz, however, the impact will not be as severe as in countries that have no oil and gas resources.  

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia remained higher at midday, in line with positive regional markets, amid improved global sentiment after the US Treasury announced it would at least double buyback sizes for long-term debt to curb rising yields.

YTL Power International Shares Rise 4.09 Pct On DC Partnership Project

KUALA LUMPUR, Aug 20 (Bernama) --  YTL Power (YTLP) International Bhd's share price rose 4.09 per cent at mid-morning on Thursday, following its announcement of a strategic partnership with JLand Group on a data centre (DC) campus project in Johor.

Gradiant Scales US Operations With New Leadership, Offices And Contracts

KUALA LUMPUR, Aug 20 (Bernama) -- Gradiant, the water layer of the artificial intelligence (AI) economy, has expanded its United States (US) operations with the appointment of a new regional leader, three new offices, a new innovation centre and long-term services contracts.

Bursa Malaysia Opens Higher, Tracks Wall Street Overnight Rebound

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened higher on Thursday, in line with positive regional markets, tracking Wall Street’s overnight rebound.

YTL Power Partners JLand Group To Develop Gigawatt-scale Data Centre Campus In Johor

KUALA LUMPUR, Aug 19 (Bernama) -- YTL Power International Bhd and JLand Group have announced a strategic partnership to undertake a joint development at Sedenak Tech Park West (STeP) in Johor, which will include a new gigawatt-scale data centre campus.

Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

CPO Prices To Remain Above RM4,600 In September On Tightening Supply, Geopolitical Disruptions -- MPOC

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in September, supported by tightening supply fundamentals and continued geopolitical disruptions to global trade flows, said the Malaysian Palm Oil Council (MPOC).

Arla Foods Ingredients Invests In Heating System To Cut Carbon Emissions

KUALA LUMPUR, Aug 19 (Bernama) -- Arla Foods Ingredients has taken a major step towards reducing its carbon dioxide (CO₂) emissions at dairy level with a newly completed investment of about eight million euros in a new heating system at the Danmark Protein plant in Videbæk. (1 Euro = RM4.69)

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.