6d 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.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.
6d ago
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.
6d ago
KUALA LUMPUR, July 24 (Bernama) -- CIMB Group Holdings Bhd said Malaysia's US$1.5 billion Global Sukuk issuance drew strong demand from high-quality global institutional investors and achieved a record-tight spread for a sovereign US dollar Islamic bond, setting a new benchmark in the international sukuk market.
6d 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)
6d 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.
6d 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.
6d 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.
6d 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.
6d 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).
6d 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.
7d ago
KUALA LUMPUR, July 23 (Bernama) -- The International Air Transport Association (IATA) has appointed Pakistani-Swiss economist Saadia Zahidi as its ninth director general, making her the first female to hold the position.