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Bursa Malaysia’s Key Index ends Morning Session Lower Amid Cautious Sentiment

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.

Vertex Material Valued At US$7 Bln, Targets Nasdaq Listing In 2027

KUALA LUMPUR, Sept 17 (Bernama) -- Malaysian advanced-materials company developing copper-composite materials for industrial applications Vertex Material has emerged as a new unicorn, achieving a valuation of approximately US$7 billion (US$1=RM4.08) and is targeting a listing on Nasdaq in 2027.

Bursa Malaysia Ends Lower As US Bond Yields, Fed Tightening Concerns Weigh

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s main index closed lower today after a choppy trading session amid concerns over elevated United States (US) bond yields and the possibility of further monetary tightening by the US Federal Reserve, said an analyst.

Kuala Lumpur International Airport Tops Asia In Global Connectivity - OAG

KUALA LUMPUR, Sept 17 (Bernama) -- Kuala Lumpur International Airport (KUL) ranked fourth globally and first among all Asian airports in OAG’s Megahubs 2026 ranking, with connections to 154 destinations, while also topping the Low-Cost Carrier (LCC) Megahubs index with nearly 15,000 possible low-cost connections.

Bursa Malaysia Ends Morning Session Lower Amid Cautious Risk Appetite

KUALA LUMPUR, Sept 17 -- Bursa Malaysia ended the morning session in the red following overnight weakness on Wall Street, as elevated oil prices, higher US Treasury yields and a US rate hike held risk appetite back.

Budget 2027: Targeted Incentives Needed To Attract Regional Institutional Investors To Malaysian Equities

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 17 (Bernama) -- Budget 2027 should consider targeted incentives to attract more regional institutional investors to Malaysian equities, particularly under-owned mid-cap stocks.

Melvin Ooi Joins Bank Islam As Group Chief Technology Officer

KUALA LUMPUR, Sept 16 (Bernama) --  Bank Islam Malaysia Bhd has appointed Melvin Ooi as group chief technology and transformation officer (GCTTO), further strengthening the group's leadership capabilities in technology, innovation and enterprise transformation.

Frontken's Unit To Acquire Industrial Land, Factory Buildings For RM118 Mln

KUALA LUMPUR, Sept 15 (Bernama) -- Frontken Corporation Bhd’s (FCB) major subsidiary Ares Green Technology Corporation (AGTC) is acquiring industrial land and the factory buildings erected thereon from Ginwin Technology Co Ltd for RM118.16 million cash.

Bursa Malaysia Ends Lower Ahead Of FOMC Decision, Amid Higher Oil Prices

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision tomorrow and soaring oil prices.

Penang Must Explore Setting Up Gold Bazaar To Strengthen Financial Hub Aspiration -- Sim

BATU KAWAN, Sept 15 (Bernama) -- Penang should consider exploring the establishment of a gold bazaar and potentially a gold storage facility as part of efforts to develop the state into a regional gold hub, said Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong.

FBM KLCI Snaps Four-day Losing Streak, Closes At Intraday High

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.

Malaysia Must Ensure Data Centre Growth Delivers Measurable Economic Spillovers

KUALA LUMPUR, Sept 14 (Bernama) -- Malaysia must ensure that the rapid growth of its data centre industry delivers real and quantifiable spillovers to the wider economy, including stronger local businesses, deeper local capabilities and real opportunities for the people.