17d ago
By Rosemarie Khoo & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Foreign inflows into Malaysian government bonds totalled RM11.1 billion in August, according to Kenanga Investment Bank Bhd (Kenanga IB).
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Selangor's flagship technology convention, formerly known as the Selangor Smart City & Digital Economy Convention (SDEC), has been rebranded as AiSEM@Selangor, the AI & Semiconductor Summit, reflecting the state's stronger focus on artificial intelligence (AI) and semiconductors.
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).
17d ago
KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.
19d ago
From Samantha Tan Chiew Tieng
SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.
19d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 5 (Bernama) -- The ringgit and other regional currencies are expected to come under pressure next week, with the local currency seen trading between RM4.04 and RM4.06 against the US dollar.
19d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is expected to trade with a positive bias next week, underpinned by resilient domestic fundamentals and improving regional sentiment.
20d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit finished lower against the US dollar on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the United States.
20d ago
KUALA LUMPUR, Sept 4 (Bernama) -- SkyGate NHJ Technology Sdn Bhd has inaugurated its new manufacturing facility in the Perai Free Industrial Zone, Penang, expanding its technology-driven precision engineering presence in Malaysia.