16d ago
KUALA LUMPUR, July 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes next week.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- The mobile industry’s revenue is projected to rise slightly by two to three per cent in 2026, driven by market repair, which could help cushion the impact of equity accounting for Digital Nasional Bhd's (DNB) net loss, said CIMB Securities.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday in line with the cash market.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)
16d ago
KUALA LUMPUR, July 24 (Bernama) -- The 2026 Asia-Pacific Economic Cooperation (APEC) Digital and AI Ministerial Meeting and related Digital Week activities are being held in Chengdu, Sichuan Province, from July 16 to 29, highlighting the city's growing role in digital innovation and regional cooperation.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Tenaga Nasional Bhd (TNB), as one of the leading utility companies in ASEAN, is building a future-ready procurement ecosystem through stronger regional collaboration, said its chief procurement officer, Ir. Ts. Amir Mahmod Abdullah.
16d ago
KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economic prospects remain positive in May 2026 with the Leading Index (LI) rising 0.8 per cent to 114.4 points compared to 113.5 points in the corresponding period last year, according to the Department of Statistics Malaysia (DOSM).
16d ago
KUALA LUMPUR, July 24 (Bernama) -- Kerjaya Prospek Group Bhd’s share price rose five sen to RM2.46 after securing a RM52.5 million contract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works for a data centre in the Klang Valley.
16d ago
PUTRAJAYA, July 24 (Bernama) -- Strong investor demand drove a 4.7 times oversubscription for Malaysia’s US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.