28d 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)
28d 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.
29d ago
PORT DICKSON, July 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government will continue negotiations with the United States over the new tariffs imposed on Malaysia related to the forced labour issue if the outcome remains unsatisfactory.
29d 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.
29d 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.
29d 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.
29d 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.
29d ago
KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.
29d ago
KUALA LUMPUR, July 24 (Bernama) -- Malaysia, among ASEAN countries, faces the lowest tariff of 10 per cent under the United States' new Section 301 tariffs following failure to impose and effectively enforce forced labour import rules.
29d ago
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened lower on Friday, with cautious sentiment expected to remain after Thursday's regional rally left Asian markets exposed to Wall Street's overnight pullback.
29d ago
KUALA LUMPUR, July 24 (Bernama) -- The ringgit opened higher against most major currencies on Friday but eased against the US dollar as markets turned risk-off, with crude oil prices continuing to climb and the Trump administration stepping up its trade protectionist policies.
29d ago
KUALA LUMPUR, July 23 (Bernama) -- KL Midtown today unveiled its sustainable signature office towers for leasing and expects to attract more tenants next year.