CIMB: Portion Of Malaysia’s Semiconductor Exports May Qualify For US Tariff Exemption

KUALA LUMPUR, Aug 7 (Bernama) -- CIMB Treasury and Markets Research economists believe that  a portion of Malaysia’s semiconductor exports may qualify for exemption from the United States’ (US) 100 per cent tariff on imported chips.

Trump Demands Resignation Of Intel Chief Executive Lip-bu Tan

WASHINGTON, Aug 7 (Bernama-dpa) -- United States (US) President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan, after a US senator accused the chip manager of being too close to China, German Press Agency (dpa) reported. 

Cloudera, Krutrim To Deliver Scalable AI Data Solutions On India's Sovereign Cloud 

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a global data and artificial intelligence (AI) platform provider, has announced a strategic collaboration with Krutrim, India’s sovereign cloud platform, to support large-scale analytics and data lake workloads for Ola on the Krutrim Cloud.

Malaysia’s Semiconductor Exports still Exempted From Reciprocal Tariffs -- Miti

KUALA LUMPUR, August 7 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) reiterated that Malaysia’s semiconductor exports to the United States (US) are currently still exempted from reciprocal tariffs.

InvestCloud Unveils AI-enabled Solutions To Transform Wealth Management

KUALA LUMPUR, Aug 7 (Bernama) -- InvestCloud, a global leader in wealth technology, has announced the first of a new generation of artificial intelligence (AI)-enabled solutions to help advisors increase productivity and deliver greater value to clients.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

Bursa Rises After Soft Start, Tracks Wall Street Gains

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia edged slightly higher on Thursday after a weak start, as investors took a cautious cue from Wall Street’s overnight gains ahead of a closely watched tariff announcement by US President Donald Trump.

MITI Projects Approved Investments Of RM104 Bln In 2025

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).

MITI Projects 2025 Approved Investments Of RM104 Bln For Manufacturinig And Services

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).

Topcon Launches First Southeast Asia Training Hub In Shah Alam

SHAH ALAM, Aug 6 (Bernama) -- Topcon Positioning Asia (Malaysia) Sdn Bhd (Topcon Malaysia) has launched its first Southeast Asia training centre, Topcon Malaysia Training Centre (TMTC), a strategic investment to drive digital transformation in construction and infrastructure sector in the region. 

Ringgit Ends Higher Ahead Of Fed Comments

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.

Bursa Malaysia Recovers Earlier Losses To Close Higher On Late Buying

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia’s key index reversed earlier losses to close higher on Wednesday, as late buying in selected heavyweights, combined with stronger regional market performance, lifted market sentiment.