Bursa Malaysia Extends Losses At Midday In Contrast With Regional Peers
KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia continued its downward trend at midday on Tuesday despite positive sentiment among regional peers.
| LATEST NEWS | Parliamentary reform transfers administrative powers from the Executive to Parliament and its Speaker, strengthening legislative independence - PM Anwar | Malaysia’s ties with the US will not prevent independent engagement with other countries, including China - PM Anwar | ASEAN maintained Myanmar’s non-political representation at the bloc's summits and foreign ministers’ meetings until there is meaningful progress in implementing the 5PC - Statement | Kedah civil servants to receive RM3,000 special financial assistance - Menteri Besar | BN will not contest the Sarawak state election – Ahmad Zahid | |
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YYForce Eyes Sustained Profitability On Robotics, Workforce Automation
KUALA LUMPUR, Nov 10 (Bernama) -- Nasdaq-listed workforce and facility management provider, YYForce Inc (YYForce) announced it is moving towards sustained profitability and positive operating cash flow, although it did not disclose any financial figures.
Malaysia's IPI Up 6.3 Pct Y-O-Y In September -- DOSM
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s Industrial Production Index (IPI) rose 6.3 per cent year-on-year in September, driven mainly by the manufacturing sector, which recorded sales valued at RM191.1 billion.
Mega Projects, Buildings Must Address Public Welfare, Societal Needs — PM Anwar
KUALA LUMPUR, Nov 10 (Bernama) -- Mega projects and buildings must address public welfare and societal needs as ignoring these risks would fuel frustration and resentment, said Prime Minister Datuk Seri Anwar Ibrahim.
Chery’s LEPAS L6 EV Completes 700km Drive With Global Ambassadors
KUALA LUMPUR, Nov 10 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS took 34 ambassadors from 15 countries, including journalists from motoring media outlets, on a drive of nearly 700 kilometres (km) in its LEPAS L6 EV from Shanghai to Wuhu.
BSN Appoints Mujibburrahman Abd Rashid As Chief Executive
KUALA LUMPUR, Nov 10 (Bernama) -- Bank Simpanan Nasional (BSN) has appointed Mujibburrahman Abd Rashid as its chief executive, effective today, after serving as acting chief executive.
Malaysia Among Three Asian Markets With Net Foreign Inflows, Attracts US$381.3 Mln
KUALA LUMPUR, Nov 10 (Bernama) -- Foreign institutions extended their net buying streak to two consecutive weeks on Bursa Malaysia, recording net inflows of US$381.3 million (US$1=RM4.05), according to MBSB Investment Bank Bhd (MBSB IB).
KLCI Futures Lower In Early Trade
KUALA LUMPUR, Nov 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were lower in early trading today.
Bursa Malaysia's Key Index Opens Lower Despite Positive Sentiment On Wall Street
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight.
Ringgit Opens Marginally Higher Against Greenback Amid Cautious Market Sentiment
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday amid cautious market sentiment as investors continued to assess global economic developments and the outlook for US interest rates.
Softbank, Grab Announce US$1.85 Bln Initial Seed Capital For Malaysia's AI Infrastructure
By Anas Abu Hassan
SINGAPORE, Nov 9 (Bernama) -- SoftBank Group Corp and Grab Holdings Ltd on Monday announced the signing of joint development agreements in connection with plans for US$1.85 billion (US$1=RM4.06) initial combined seed capital to develop artificial intelligence (AI) infrastructure in Malaysia with Petroleum Sarawak Bhd (Petros).
Softbank-led Consortium’s AI Investment Reflects Global Confidence In Malaysia -- PM Anwar
KUALA LUMPUR, Nov 9 (Bernama) -- The SoftBank-led consortium’s investment in an artificial intelligence (AI) platform in Malaysia reflects global confidence in the country’s potential to develop and use AI, says Prime Minister Datuk Seri Anwar Ibrahim.