TNB Shares Rise On New Tariff Framework

KUALA LUMPUR, Sept 23 (Bernama) -- Tenaga Nasional Bhd (TNB) shares rose in early trading on Wednesday after the utility announced its latest tariff framework.

Ecoworld Shares Mixed In Early Trade After Port Dickson Land Deal

KUALA LUMPUR, Sept 23 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld) shares were mixed in early trade, following its announcement to dispose of two industrial land parcels in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.01 billion. 

Bursa Malaysia Opens Lower As Investors Take Profits Amid US-Iran Talks

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.

Bank Rakyat, Alibaba Cloud, Lenovo Synergy Open Up Opportunities For Strategic Cooperation

From Harlina Samson

SHANGHAI, Sept 22 (Bernama) -- The strategic synergy between Bank Rakyat and Chinese technology giants, Alibaba Cloud and Lenovo, has opened up greater opportunities for the sharing of technology, expertise and experience in efforts to strengthen digital capabilities, artificial intelligence (AI) and financial technology (fintech).

Ringgit Closes Slightly Higher Against US Dollar Amid Cautious Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 22  (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.

Singapore Says Financial System Remains Resilient, Has Adequate Buffers Amid Global Uncertainty

By Anas Abu Hassan

SINGAPORE, Sept 22 (Bernama) -- Singapore’s financial conditions have been broadly supportive despite a mixed global backdrop, supported by easing borrowing costs, tighter credit spreads and a pickup in bank credit growth, according to the Monetary Authority of Singapore (MAS).

Rubber Market Extends Gains On Upbeat Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The Kuala Lumpur rubber market extended gains on Tuesday, closing higher on firmer regional rubber futures and continued supply tightness due to El Nino, a dealer said.

Bursa Malaysia Ends Higher Ahead of Trump-Xi Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia finished trading higher on Tuesday, supported by continued bargain hunting following the recent heavy sell-off, in line with regional and global market performance as investors awaited the meeting between United States President Donald Trump and Chinese President Xi Jinping in Washington later this week.

WAIC Connect Matchmaking Drives Malaysia-China AI Collaboration

By K. Naveen Prabu

KUALA LUMPUR, Sept 22 (Bernama) -- The WAIC Connect Innovation Industry Matchmaking session earlier this month brought Malaysian government and industry stakeholders together with Chinese artificial intelligence (AI) companies to explore potential collaborations based on local business and sector needs.

Malaysian Firms Urged To Tap Dubai As Gateway To Middle East, Africa -- Dubai Chambers

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysian companies are encouraged to consider Dubai as a gateway to markets across the Middle East, Africa and Europe, supported by the emirate’s strategic location, logistics infrastructure and business-friendly policies, according to Dubai Chambers.

Bursa Malaysia Stays Firmer At Midday

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by buying interest in selected heavyweight counters, led by banking and healthcare stocks.

RHB IB Maintains Overweight On Energy Sector As Govt Accelerates CRESS

KUALA LUMPUR, Sept 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained its “overweight” call on the energy sector, following the government’s decision to accelerate the adoption of the Corporate Renewable Energy Supply Scheme (CRESS).