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SC To Submit Fee Review Proposal To MOF By End Of March

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) is expected to submit its proposal to review levies of fees from intermediaries by the end of March to the Finance Ministry (MoF), said SC executive chairman Datuk Mohammad Faiz Azmi. 

FBM KLCI Ends Lower, Mirroring Regional Market Trends

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.

SC: 996 Complaints Regarding Unregistered Dax Operators Since 2019

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) has received a total of 996 complaints and inquiries regarding unregistered digital asset exchange (DAX) operators.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s overnight gains after the US Federal Reserve (Fed) kept interest rates unchanged and reaffirmed its forecast for two rate cuts this year.  

Ringgit Opens Higher After FOMC's Dovish Tone

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.  

Perseverance, Innovation, And Support: Key Drivers Of Business Success For Bizsmart Challenge Winners

By Naveen Prabu

KUALA LUMPUR, March 19 (Bernama) -- The winners of the Alliance Bank Malaysia Bhd’s BizSmart Challenge Accelerator Edition have proven that perseverance, innovation, and the right support are crucial to overcoming business challenges and achieving sustainable success.

Bursa Malaysia Ends Lower On Lack Of Buying Catalysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.

Rubber Market Closes Lower Amid Weaker Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 19 (Bernama) -- The Malaysian rubber market closed slightly lower on Wednesday due to losses in crude oil prices and a stronger ringgit against the US dollar, a dealer said.

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

H2O.ai, Vast Data To Unlock Domain-specific Insights With Agentic AI

KUALA LUMPUR, March 19 (Bernama) -- Leader in agentic artificial intelligence (AI), H2O.ai, and VAST Data, known for its AI-driven data platform, are joining forces to bring generative AI and predictive AI to enterprises managing vast datasets.

Bursa Malaysia Stays Lower At Midday, Bucks Regional Trend

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia bucked the regional trend to end the morning trading session lower, with selling mostly spotted among the heavyweights led by financial services and construction counters.

Bursa Malaysia Lower In Early Trade As It Tracks Wall St Decline

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia started the day broadly lower as it tracked Wall Street's weaker performance overnight and on caution ahead of a decision on US interest rates later tonight.