By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.
KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.
KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.
By Zufazlin Baharuddin
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia rebounded from yesterday’s downbeat performance to end at its intraday high today, driven by bargain hunting, particularly in technology, energy, construction, and consumer stocks.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.
KUALA LUMPUR, April 22 (Bernama) -- Southern Steel Bhd (SSB) has agreed to sell a 55 per cent stake in wholly owned subsidiary Southern Steel Mesh Sdn Bhd (SSM) to Singapore-based BRC Asia Ltd for RM61.05 million cash in a related party transaction.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
By Anas Abu Hassan
KUALA LUMPUR, April 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) erased earlier gains to close marginally lower on Tuesday as mild bargain hunting activities were offset by cautious mode over ongoing global uncertainties.
KUALA LUMPUR, April 8 (Bernama) -- UOB Malaysia has been named Malaysia's Best Bank at the 32nd annual World's Best Bank Awards 2025 - Asia Pacific by Global Finance magazine.
By Anas Abu Hassan
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline to close sharply lower today, with the benchmark index falling by 4.01 per cent, dragged by weaker regional market performance amid growing concerns over a potential global trade war.
