Bursa Malaysia Opens Higher
KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia opened higher, bucking the regional trend, supported by positive local sentiment following news that the Large Scale Solar 6 (LSS6) tender is set to open later this year.
| LATEST NEWS | No elements of bullying in the case of the form four student who passed away at a school in Seremban - MOE | PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | |
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Gambit Cyber Unveils Vizier AI For Autonomous Cybersecurity Operations
KUALA LUMPUR, June 3 (Bernama) -- Gambit Cyber B.V., a Netherlands-headquartered cybersecurity company, has launched Vizier AI, its next-generation Agentic Security Workflow Automation platform.
AM Best Upgrades FuSure Reinsurance On Capital Strength, Tencent Backing
KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit ratings to “a” (Excellent) from “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure).
Bankable Projects Key To Strengthen Energy Transition Financing, Attract Investors
By Danni Haizal Danial Donald
KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s energy industry players should focus on developing more bankable projects with attractive and sustainable returns to strengthen the country's energy transition financing landscape and attract greater investor participation.
Bursa Malaysia Reverses Earlier Gains To End Lower, Dragged By Losses In Telco, Banking Stocks
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier gains to end lower on Wednesday, weighed down by losses in telecommunications and banking sectors, despite a broadly positive performance across Asian markets.
Gas Malaysia Deploys Asia Pacific’s First Loop Decarbonisation System
KUALA LUMPUR, June 3 (Bernama) -- Gas Malaysia Bhd has deployed the first LOOP system in Asia Pacific, using technology developed by Levidian Nanosystems Ltd to produce graphene and capture carbon from methane.
Malaysia Well-positioned For AI Infrastructure Growth - Schneider Electric
TAIPEI, June 3 (Bernama) -- Schneider Electric is confident in Malaysia's ability to support the growth of artificial intelligence (AI) infrastructure, given the country's strong semiconductor ecosystem, expanding data centre industry and growing appeal among global technology investors.
Blackstone Closes Largest Asia Private Equity Fund At US$13.1 Bln
KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)
Bering Lab Joins AI Accelerate Winter Cohort 2026 To Expand In Southeast Asia
KUALA LUMPUR, June 3 (Bernama) -- Bering Lab has been selected for the AI Accelerate Winter Cohort 2026, a 10-week growth programme run by BLOCK71 Singapore and Microsoft with support from Enterprise Singapore through Digital Industry Singapore (DISG).
RSA Expands Passwordless Authentication To Linux
KUALA LUMPUR, June 3 (Bernama) -- RSA, the security-first identity leader, announced new passwordless authentication support for Linux environments, expanding its phishing-resistant identity capabilities to cover a broader range of enterprise operating systems.
Japan Life Insurers’ Reinsurance Use More Than Doubled Since 2020 - AM Best
KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.
CCUS Requires Whole-of-Nation Approach, Regional Collaboration To Scale Up Deployment
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, June 3 (Bernama) -- The climate mitigation technology process through the Carbon Capture, Utilisation and Storage (CCUS) deployment in Malaysia requires a whole-of-nation approach involving government agencies, industry players, researchers and financiers, while at the ASEAN level, it needs stronger regional collaboration to accelerate its adoption.