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BNM Urged To Cap Health Insurance, Takaful Premium Hike At 10 Pct Amid Rising Health Inflation

KUALA LUMPUR, Dec 19 (Bernama) -- Bank Negara Malaysia (BNM) has been urged to limit the increase in health insurance and takaful premiums to no more than 10 per cent as an interim measure, in line with the country’s health inflation rate.

ES Sunlogy Signs Underwriting Agreement With M&A Securities For IPO Exercise

KUALA LUMPUR, Dec 19 (Bernama) -- Mechanical and electrical (M&E) engineering services solutions, ES Sunlogy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for the company’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia remained lower at mid-day, tracking regional markets after Wall Street’s subdued overnight performance. 

Bursa Malaysia Opens Lower On Wall Street's Decline

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst. 

Ringgit Slips 0.4 Pct Against US Dollar, Opens Mostly Higher Against Other Basket of Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to cut the Fed Funds Rate by 25 basis points last night.

Gold Futures End Higher In Sync With US COMEX Trend

KUALA LUMPUR, Dec 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, mirroring the positive performance of US COMEX gold futures.

Ringgit Closes Marginally Lower Ahead Of FOMC Meeting

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today as traders adopted a cautious approach ahead of the United States Federal Open Market Committee (FOMC) meeting.

SiMa.ai Teams Up With Synopsys To Accelerate AI-Driven Automotive Solutions

KUALA LUMPUR, Dec 18 (Bernama) -- SiMa.ai has collaborated with Synopsys to jointly deliver a new solution for automotive companies to accelerate the development of workload-specific silicon and software needed to power artificial intelligence (AI)-enabled features in next-generation automobiles.

Bursa Malaysia Rebounds Amid Mixed Performances From Asian Markets

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets. 

Rubber Market Closes Lower, In Line With Regional Downtrend

KUALA LUMPUR, Dec 18 (Bernama) – The rubber market closed lower on Wednesday, following the downtrend in regional rubber futures markets, said a dealer.

Bursa Malaysia Lower In Early Trade, Tracking Wall St Decline

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia opened flat today and turned lower thereafter, likely tracking the decline on Wall Street overnight, said an analyst.