CPO Futures End Higher For Third Consecutive Day
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day, a trader said.
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Ringgit Rises As Fed Minutes Signal Us Interest Rate Cuts Ahead
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.
Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
TII's Open-Source AI Summit Highlights Key Discussions On The Future Of AI
KUALA LUMPUR, Nov 27 (Bernama) -- The Open-Source AI Summit Abu Dhabi has kicked off with critical dialogues that will shape the global artificial intelligence (AI) agenda, for two days beginning Nov 26, at the St. Regis Saadiyat Island.
Blackstone, Santander Finalise US$1 Bln Infrastructure Loan Portfolio Deal
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend
KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.
Malaysia's Investment Outlook Seen Promising Under Trump 2.0 Presidency
KUALA LUMPUR, Nov 27 (Bernama) – Malaysia is seen leveraging its role as ASEAN Chair in 2025 to maintain its economic stability and position itself as a key regional player amid global economic uncertainties stemming from US President-elect Donald Trump’s policies.
ACE Market-bound Vanzo Holdings Aims To Raise RM14 Mln From IPO
KUALA LUMPUR, Nov 27 (Bernama) -- Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.
Bursa Malaysia Maintains Upward Momentum Amid Mixed Regional Markets
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.
Malaysia, Russia To Strengthen Ties, Focusing On Digitalisation, Energy, Trade Opportunities Via ASEAN, BRICS
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysian companies are encouraged to explore the vast opportunities offered by Russian businesses, particularly in digitalisation and information technology (IT), said Roscongress Foundation.
Forest City's SFZ To Focus On Banking And Logistics - MB
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.