14d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 9 (Bernama) -- Brent oil surpassed US$100 per barrel for the first time since July 2026 as the escalation in the United States (US)-Iran conflict, including attacks on oil tankers and Saudi Arabia’s energy facilities, raises concerns about further supply disruptions through the Strait of Hormuz and the Red Sea.
14d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s economic outlook remains resilient, supported by strong manufacturing activity, sustained infrastructure investment and a rapidly expanding data centre sector, said S&P Global Ratings.
14d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit ended easier against the US dollar on Wednesday, as market sentiment remained cautious amid an evolving outlook in West Asia, said an economist.
14d ago
KUALA LUMPUR, Sept 9 (Bernama) -- TNB Power Generation Sdn Bhd (TNB Genco) continues to invest in the reliability of its existing generation fleet while advancing its renewable and storage pipeline, including a hybrid hydro-floating solar project combining 595 megawatts (MW) of floating solar with 1,190 megawatt-hours (MWh) of battery storage, targeted for completion in 2028.
14d ago
KUALA LUMPUR, Sept 9 (Bernama) -- An entrepreneurial mindset should be embedded more deeply in Malaysia’s higher education system to develop graduates with long-term employability, moving beyond the traditional focus of preparing them primarily for their first job.
14d ago
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.
14d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).
15d ago
By Karina Imran
KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday, weighed by higher crude oil prices and cautious sentiment ahead of the US Federal Reserve’s (Fed) next policy decision, an analyst said.
15d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.
15d ago
GEORGE TOWN, Sept 8 (Bernama) -- Swiss-based ABB Group’s Machine Automation division (B&R) is looking to strengthen its presence in Penang and expand the state’s role within its Southeast Asian operations.
15d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.
15d ago
KUALA LUMPUR, Sept 8 (Bernama) -- The government is strengthening regulations governing rubber glove manufacturing and exports to address industry overcapacity while enhancing the traceability of Malaysian-made gloves.