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Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

Marco Gadola Joins Angelalign As Senior Advisor

KUALA LUMPUR, Nov 6 (Bernama) -- Hong Kong-listed clear aligner maker, Angelalign Technology Inc (Angel) has appointed former Chief Executive Officer (CEO) of dental medical device company, Straumann Group, Marco Gadola as Senior Advisor.

Saudi Fund For Development Inks Over US$403 Mln Loans To Rebuild Syria

KUALA LUMPUR, Nov 6 (Bernama) -- The Saudi Fund for Development (SFD) has signed six concessional development loan agreements worth over US$403 million with Syria, to rebuild infrastructure and restore public services damaged by years of conflict. (US$1 = RM4.04)

Scammers Using Fake Websites, Malicious Apps To Impersonate BNM

KUALA LUMPUR, Nov 6 (Bernama) – The public has been warned about scammers impersonating Bank Negara Malaysia (BNM) through fake websites and malicious applications to steal personal and banking information.

Public Bank 3Q Net Profit Falls 3.8 Pct To RM1.77 Bln

KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.

Bursa Malaysia Extends Losses At Midday On Weak Sentiment

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia continued its downtrend at midday on Friday, tracking losses among most regional peers as selling in heavyweight counters weighed on the market amid weak sentiment following Wall Street’s overnight rout.

Bursa Malaysia Opens Broadly Lower Amid Wall Street Sell-Off

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia opened broadly lower on Friday, with selling pressure dominating trading following Wall Street’s sharp overnight losses amid renewed concerns over artificial intelligence (AI)-related stocks.

JETCO Network Of Over 200 Singapore Stakeholders To Boost Johor Investment

By Hasnah Jusid

JOHOR BAHRU, Nov 6 (Bernama) – The Johor Economic, Tourism and Cultural Office (JETCO) has established a strategic network of at least 200 stakeholders in Singapore as part of efforts to strengthen investment, trade and business ties between Johor and the republic.

MITI: MEUFTA Intellectual Property Chapter Still Under Negotiation

KUALA LUMPUR, Nov 5 (Bernama) -- Negotiations for the Malaysia-European Union Free Trade Agreement (MEUFTA) are still ongoing, with the Intellectual Property Chapter still under negotiation, although several other chapters have been successfully concluded.

CelcomDigi Flags 260 Million Scam Calls, Advances ESG Roadmap

By Fatin Umairah Abdul Hamid

PETALING JAYA, Nov 5 (Bernama) – With digital scams posing an increasing threat to online users, CelcomDigi Bhd has flagged 260 million suspected scam calls and blocked 22 million short message service (SMS) messages monthly to strengthen customer protection.

Google’s US$15 Bln Investment Strengthens AI Nation 2030 Ambition -- Gobind

PUTRAJAYA, Nov 5 (Bernama) -- Google’s expanded US$15 billion (US1= RM4.06) investment in Malaysia reflects strong confidence in the country’s ability to realise its ambition of becoming an AI nation by 2030, said Digital Minister Gobind Singh Deo.

Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street.