Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

Bursa Malaysia Ends Higher Led By Energy Stocks, CI Up 0.67 Pct

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia closed higher on broad-based buying during the late session, with the market bellwether ending at an intraday high, driven by energy stocks, said an analyst.

Zenas BioPharma Targets Key 2025 Milestones For Obexelimab In Autoimmune Diseases

KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.

Saviynt Hires Sunil Kedaraji As VP Of Partner Sales For APJ

KUALA LUMPUR, Feb 6 (Bernama) -- Saviynt, a cloud-native identity governance solutions provider, has appointed Sunil Kedaraji as Vice President (VP) of Partner Sales for Asia-Pacific and Japan (APJ).

Guangdong Reaffirms Commitment To Industrial Modernisation At 2025 Conference

KUALA LUMPUR, Feb 6 (Bernama) -- China’s Guangdong has reaffirmed its commitment to industrial modernisation and economic transformation with a high-level provincial conference on high-quality development, held on Feb 5.

ASEAN Economic Ministers To Endorse 18 Priority Economic Deliverables At Upcoming Retreat

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

Malaysia Remains Careful Of US Tariffs, Ready To Take Advantage Of Geopolitical Opportunities -- Tengku Zafrul

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) --  It is too early to determine whether the tariffs imposed by the United States on Canada, Mexico and China will harm or benefit Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

KL Shares End Broadly Higher Led By Construction, Utility Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 5 (Bernama) -- Shares on Bursa Malaysia closed broadly higher with buying mainly in construction, properties, utilities, and technology sectors, analysts said.

KL Rubber Market Ends Lower Amid Trade Tensions, Weaker Oil Prices

KUALA LUMPUR, Feb 5 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, pressured by declining regional rubber futures due to escalating US-China trade tensions, said a dealer.

Duck Creek Technologies Unveils Payments Marketplace, Integration With Paymentus 

KUALA LUMPUR, Feb 5 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has launched its Payments Marketplace, a comprehensive payments ecosystem purpose-built for the global insurance industry.

Malaysia Must Adopt Proactive Approach To Mitigate Risks As Global Trade Landscape Shifts - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia must adopt a proactive approach to mitigate risks and capitalise on emerging opportunities as the global trade landscape shifts due to the import tariff hike by the United States, said an economist.