Bursa Malaysia Ends At Intraday High On Strong Foreign Buying

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index closed at an intraday high of 1,708.20, its highest level in more than six years, supported by broadly positive regional sentiment following gains on Wall Street and sustained foreign buying interest.

Gold Prices To Remain Firm Amid Geopolitical Tensions, Says Malaysia Gold Association

KUALA LUMPUR, Jan 13 (Bernama) -- Gold prices are expected to continue their uptrend this year due to ongoing geopolitical tensions and global uncertainties, Malaysia Gold Association chairman of the Shariah Advisory Board Datuk Prof Dr Mohamad Akram Laldin said today.

Rubber Market Ends Lower On Stronger Ringgit, Mixed Regional Futures

KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, influenced by a stronger ringgit against the US dollar as well as mixed signals from regional rubber futures markets and benchmark crude oil prices, a dealer said.

Sarawak To Introduce Carbon Levy On Oil, Gas And Energy Sectors - Abang Johari

KUCHING, Jan 13 (Bernama) -- Sarawak will be introducing a carbon levy on facilities in the oil, gas and energy sectors this year, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

Nippon Kinzoku Deploys "Eco-Product" Lineup Using Composite Metal Forming Technology

KUALA LUMPUR, Jan 13 (Bernama) -- Nippon Kinzoku Co Ltd has commenced the full-scale deployment of its "Eco-Product" lineup, featuring products manufactured with its proprietary "Composite Metal Forming Technology".

1X World Model Enables NEO Humanoid Robot To Self-Learn Tasks

KUALA LUMPUR, Jan 13 (Bernama) -- 1X Technologies announced the launch of the 1X World Model, a major artificial intelligence update for its NEO humanoid robot that allows the system to turn any prompt into autonomous action.

Berkshire Hathaway Specialty Insurance Promotes David Lee To Global CHRO

KUALA LUMPUR, Jan 13 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has promoted David Lee to Global Chief Human Resources Officer (CHRO), based in Boston, succeeding Kim Briones, who is retiring from her full-time role.

AirAsia X To Be Renamed AirAsia On Jan 19 - Tony Fernandes

KUALA LUMPUR, Jan 13 (Bernama) -- AirAsia X will be renamed AirAsia and listed as a newly quoted stock on Jan 19, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

Islamic Finance Demonstrates Potential To Provide Solutions To Inclusion, Climate Change - World Bank

KUALA LUMPUR, Jan 13 (Bernama) -- Islamic finance has demonstrated its potential to provide innovative solutions in addressing challenges related to inclusion and climate change, said the World Bank today,

Required Low-Carbon Investment For OIC Averages 1.4 Pct Of GDP -- BNM Deputy Governor

KUALA LUMPUR, Jan 13 (Bernama) -- The investment required for the Organisation of Islamic Cooperation (OIC) countries to pursue low-carbon strategies averages 1.4 per cent of gross domestic product (GDP) and rises to over 5.0 per cent for low-income members, Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani Mohamad Zahid said today.

Bursa Malaysia Ends Morning Session Higher, Boosted By Buying Activities

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by continued buying in financial services and consumer-related counters.