Bending Spoons Raises US$710 Mln In Fresh Funding

KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)

Digital Transformation, AI At Helm Of APEC Meet; Malaysia Highlights Moral, Environmental Risks Of Greater Adoption

From Nor Baizura Basri

GYEONGJU (South Korea), Nov 1 (Bernama) -- Digital transformation and the acceleration of artificial intelligence (AI) adoption are at the helm of the Asia-Pacific Economic Cooperation  (APEC)  Economic  Leaders’ Meeting (AELM), as leaders deliberate on both the challenges and opportunities, with Malaysia cautioning member economies about the risks moving forward.

NuScale Power Partner ENTRA1 Poised For US$25 Bln Investment Under US-Japan Energy Pact

KUALA LUMPUR, Oct 31 (Bernama) -- NuScale Power Corporation has congratulated its global strategic partner ENTRA1 Energy on being positioned to receive up to US$25 billion in investment capital under the newly signed United States (US)–Japan Framework Agreement. (US$1=RM4.19)

Rubber Market Closes Mixed, Influenced By Downtrend In Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, said a dealer.

BNM To Issue Policy Document To Broaden Takaful Industry

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.

Agreement On Reciprocal Trade Opens Up Opportunities For Rare Earth Investments In Perak - Saarani

GOPENG, Oct 27 (Bernama) -- The Agreement on Reciprocal Trade (ART) signed between the United States (US) and Malaysia has the potential to pave the way for new investments into Perak, particularly in the non-radioactive rare earth elements (NR-REE) sector.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Sarawak's Rubber Industry Transformation Opens New Chapter In State's Commodity Sector

SIBU, Oct 21 (Bernama) -- The transformation of Sarawak's rubber industry through community and corporate collaboration will open a new chapter in strengthening the state's commodity sector, said Sarawak's Minister for Food Industry, Commodities and Regional Development, Datuk Seri Dr Stephen Rundi Utom.

Rubber Market Ends Higher On Supply Concerns, Steady Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian rubber market closed higher today, tracking gains in regional rubber futures amid concerns over natural rubber (NR) supply due to the ongoing rainy season in major producing countries, a dealer said.

Global Unrest Drives Surge In Interest For Nauru's CIB Programme

Batik Air To Launch Direct Flights From Penang To Medan And Singapore

GEORGE TOWN, Oct 17 (Bernama) -- Batik Air will introduce two new international routes connecting Medan and Singapore directly to Penang starting Dec 8, further boosting regional tourism and air connectivity.

MITI Monitoring Potential Dumping Of Cheap Goods Following US Tariff Hike - Tengku Zafrul

KUALA LUMPUR, Oct 16 (Bernama) -- The Ministry of Investment, Trade, and Industry (MITI) is closely monitoring the possible influx of cheap goods into Malaysia following the US decision to increase import tariffs on several products, including furniture, pharmaceuticals, and semiconductors.