| LATEST NEWS | Police arrest man, seize RM3.2 million worth of cannabis allegedly destined for London via Penang International Airport - Penang CPO | Malaysia’s capital market has grown to RM4.5 trillion currently from RM4.3 trillion last year – SC executive director | Chinese investors signal potential US$15 billion investment in Malaysia across six sectors – DPM Zahid | National food supply sufficient for at least six months, no need for emergency measures - DPM Zahid | |
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd shares slipped in late trading today following reports of renewed plans for a potential merger with U Mobile Sdn Bhd, which could create the country’s largest wireless operator.
KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) of RM276,000 each on AmBank (M) Bhd and AmBank Islamic Bhd for failing to submit cash threshold reports (CTR) promptly.
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.
KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s key index remained slightly lower at midday today, dragged by continued selling in selected heavyweight stocks, particularly in the financial services sector.
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
KUALA LUMPUR, Oct 28 (Bernama) -- Nestle (Malaysia) Bhd shares emerged as top gainer in early trade today following a stronger performance in the third quarter ended Sept 30, 2026 (3Q 2026) .
KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia opened higher on Wednesday as market sentiment improved, tracking overnight gains on Wall Street following fresh artificial intelligence (AI)-related funding announcements.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.
KUALA LUMPUR, Oct 27 (Bernama) -- The government has yet to decide whether to provide financial support to financially distressed AirAsia Group Bhd, said Transport Minister Anthony Loke Siew Fook.
KUALA LUMPUR, Oct 27 (Bernama) -- Hong Leong Bank Bhd’s (HLB) customers can now make QR payments at more than 120 million UnionPay and Weixin Pay merchant touchpoints across China through the HLB Connect application, following a strategic partnership with UnionPay International (UPI).
KUALA LUMPUR, Oct 27 (Bernama) -- Rental commerce platform, Rently has secured a US$12 million growth credit facility from January Capital, a technology investment firm, to support its expansion across Asia-Pacific and the Gulf region. (US$1 = RM4.08)
