1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- Khazanah Nasional Bhd (Khazanah), through its initial RM1 billion allocation via Dana Impak, today announced two strategic investments to drive greater growth and innovation in Malaysia’s Industrial Revolution 4.0 (IR4.0) technologies and capacity development; and boost research & development (R&D) in artificial intelligence (AI) and semiconductors technologies.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia continued to open on a positive note today on persistent bargain-hunting activities amid mixed cues from Wall Street’s performance overnight, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia opened marginally higher today, taking a cue from Wall Street’s positive performance prior to Christmas break, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.