7d ago
KUALA LUMPUR, Feb 3 (Bernama) -- ASEAN's data centre demand outlook remained positive as the region is still in the early stages of the data centre build cycle, according to Maybank Investment Bank (IB) Bhd.
7d ago
SHAH ALAM, Feb 2 (Bernama) -- The government is studying the impact of China’s open-source artificial intelligence (AI) platform DeepSeek on Malaysia, said Digital Minister Gobind Singh Deo.
9d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to show a downside bias next week, amid sluggish export demand, according to palm oil dealer David Ng.
9d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain an upward bias next week, trading within the US$2,775 per troy ounce to US$2,825 per troy ounce range, driven by strong physical demand in Asia and speculative interest from the Western markets.
9d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
9d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit weakened against the US dollar today as market sentiment deteriorated following United States President Donald Trump's latest tariff announcements targeting China, Canada and Mexico.
9d ago
By Anas Abu Hassan
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia staged a rebound from early losses to end the holiday-shortened trading week on a positive note, albeit in thin trading, supported by renewed buying interest, said an analyst.
10d ago
KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.
10d ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
12d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, as subdued trading ahead of the Chinese New Year holiday weighed on the market, despite the positive momentum in the United States COMEX gold market, an analyst said.
12d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.
13d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.