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News
Bursa Malaysia slips at opening as foreign selling weighs on market sentiment
13+ hour, 12+ min ago (428+ words) KUALA LUMPUR, Sept 14 — Bursa Malaysia opened lower on Monday, extending last week’s bearish performance in line with a weaker regional trend, said an analyst. At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.11 points, or 0.06 per cent, to…...
Bridging the digital gap for older Malaysians???? Nurul Fardini Zakaria
12+ hour, 49+ min ago (1033+ words) SEPTEMBER 14 — Digital technology has become part of everyday life in Malaysia. We shop online, make payments through our phones, search for information and communicate with businesses without ever having to leave home. For many younger consumers, this has become so…...
India’s top palm oil buyer AWL sources 70pc of its palm oil from Malaysia, and plans to keep it that way
1+ day, 12+ hour ago (453+ words) NEW DELHI, Sept 13 — AWL Agri Business Ltd, one of India’s largest food and fast-moving consumer goods companies, said it will continue to source the bulk of its palm oil requirements from Malaysia and is exploring opportunities to expand branded consumer…...
Engineering group Segula plans Malaysia as South-east Asia hub, 50 jobs in first phase
1+ day, 8+ hour ago (265+ words) NEW DELHI, Sept 13 — Segula Technologies India Pvt Ltd is advancing plans to establish Malaysia as its regional hub for South-east Asia following a “fruitful” discussion with Prime Minister Datuk Seri Anwar Ibrahim in India’s capital. Chief executive officer and managing…...
Bursa Malaysia opens lower as Wall Street weakness, US-Iran conflict weigh on sentiment
3+ day, 13+ hour ago (462+ words) KUALA LUMPUR, Sept 11 — Bursa Malaysia opened lower today tracking continued weakness on Wall Street as the prolonged US-Iran conflict and high crude oil prices weighed on sentiment, an analyst said. At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)…...
Ringgit opens lower against US dollar on stronger US economic data
3+ day, 14+ hour ago (378+ words) KUALA LUMPUR, Sept 11 — The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback. At 8 am, the local currency eased to 4.0680/0745 against the greenback from 4.0630/0670 yesterday’s close. Bank Muamalat Malaysia…...
1MDB taskforce backs S$1b claim against DBS over Jho Low-linked accounts
3+ day, 14+ hour ago (364+ words) KUALA LUMPUR, Sept 11 — The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate Eric Tan. On Wednesday, the liquidators of four companies,…...
Oil price surge weighs on Bursa Malaysia, KLCI down 7.52 points
4+ day, 11+ hour ago (478+ words) KUALA LUMPUR, Sept 10 — Bursa Malaysia stayed lower at mid-morning as selling activity continued amid cautious sentiment following higher oil prices which rose above US$101 (RM410) per barrel, fuelling concerns over sustained inflation and higher energy costs for consumers. At 11am, the benchmark…...
Bursa Malaysia opens lower as Wall Street weakness, oil prices weigh
4+ day, 13+ hour ago (492+ words) Bursa malaysia opens lower, tracking weaker wall street KUALA LUMPUR, Sept 10 — Bursa Malaysia opened lower on Thursday, tracking Wall Street’s broadly weaker performance overnight amid rising crude oil prices and US Treasury yields, an analyst said. At 9.10am, the benchmark FTSE…...
Malaysia’s data centre boom: How it affects jobs, electricity and water
5+ day, 3+ hour ago (1083+ words) KUALA LUMPUR, Sept 10 — Streaming a video, making an online payment, shopping online or using an AI-powered service involves data being stored and processed somewhere. Much of that happens in data centres — facilities that house computer servers and other equipment used…...