Gold Futures Likely To Be Less Bullish Next Week

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be less bullish next week, but will still be supported amid ongoing geopolitical tensions, an analyst said.

MARii Trains 1,253 Engineers, Elevating Malaysia As ASEAN's Automotive Leader

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Automotive, Robotics, and IoT Institute (MARii) has trained and certified 1,253 engineers through the Digital Engineering and Prototyping (DEP) Professional Certification Programme since its inception in 2020. 

Gold Futures Close Higher

KUALA LUMPUR, Oct 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished higher today as the US dollar retreated ahead of the US Producer Price Index data release later tonight.

Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

SambaNova Collaborates With Canvass To Provide Complete AI Platform In South Asia, EMEA

KUALA LUMPUR, Oct 11 (Bernama) -- SambaNova Systems has teamed up with Canvass AI (Canvass), a leader in generative artificial intelligence (GenAI) enterprise solutions, to drive fast adoption of vertically-integrated AI Solutions, inference and training to South Asia and Europe, Middle East, and Africa (EMEA).

H2O.ai Partners Singtel’s Digital InfraCo To Deliver GenAI-as-a-Service

KUALA LUMPUR, Oct 11 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI) has announced a strategic partnership with Singtel’s Digital InfraCo to bring GenAI-as-a-Service (GenAIaaS) to organisations across Asia Pacific (APAC).

NXHD Completes Acquisition Of German’s Simon Hegele, Becoming A Fully Owned Subsidiary

KUALA LUMPUR, Oct 11 (Bernama) -- Nippon Express Holdings Inc (NXHD) has announced the successful completion of its acquisition of all shares in German-based SH HoldCo GmbH (Simon Hegele), a group of companies specialising in contract logistics in the healthcare industry.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.

Govt Expects More Digital Investment In 2025 - Gobind

 PETALING JAYA, Oct 11 (Bernama) -- The government expects more digital investment to flow into Malaysia in 2025, said Digital Minister Gobind Singh Deo.