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Ringgit Strengthens 5.1 Pct Against US Dollar In 2Q 2025 - BNM

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit strengthened by 5.1 per cent against the United States (US) dollar in the second quarter of 2025 (2Q 2025), primarily driven by broad US dollar weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

FPT Unveils AI Platform To Accelerate Global Digital Transformation

KUALA LUMPUR, Aug 15 (Bernama) -- Global information technology (IT) firm, FPT has launched its new artificial intelligence (AI) platform FleziPT, positioning itself as a full-stack AI-first company ready to lead large-scale enterprise transformation worldwide.

MBSB IB Maintains Positive Call On Insurance Sector Despite Healthcare Inflation

KUALA LUMPUR, Aug 15 (Bernama) -- MBSB Investment Bank (MBSB IB) has maintained its “positive” recommendation on the insurance sector, citing attractive valuations and high dividend yields despite persistent healthcare inflation and delays in healthcare cost-control reforms.

Bursa Opens Lower, Traders Adopt Wait-and-see Approach Ahead Of 2Q GDP Announcement

KUALA LUMPUR, Aug 15 (Bernama) -- Bursa Malaysia opened marginally lower today as traders adopted a wait-and-see approach amid cautious sentiment ahead of the second quarter 2025 (2Q 2025) gross domestic product (GDP) announcement later today.

Study: 89 Pct Of Malaysians Used AI Daily -- Telenor Asia

SHAH ALAM, Aug 14 (Bernama) -- Eighty-nine per cent of Malaysian internet users are using artificial intelligence (AI) daily compared with 75 per cent recorded in 2024, a study by Telenor Asia revealed.

Bursa Malaysia Retreats From 7-day Gains, Tracking Downbeat Regional Bourses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.  

Bursa Malaysia Stays Lower At Midday, In Sync With Weaker Regional

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia stayed in the negative territory at midday, in tandem with the weaker regional market performance, weighed down by selling pressure in selected heavyweights. 

AIA Public Takaful Appoints Mohd Asri As CEO, Effective Aug 11

KUALA LUMPUR, Aug 14 (Bernama) -- AIA Public Takaful Bhd has appointed Mohd Asri Omar as its new chief executive officer (CEO), effective Aug 11, 2025.

Bursa Opens Higher, Seen Testing 1,600 Level On US Rate Cut Hopes

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher and is set to test the 1,600 level today after Wall Street’s bullish momentum overnight on US interest rate cut hopes, coupled with a strong corporate earnings season, analysts said.

HSBC Malaysia Unveils Enhanced Premier Service For Affluent Market

KUALA LUMPUR, Aug 13 (Bernama) -- HSBC Malaysia has launched its all-new HSBC Premier service, designed for affluent and high-net-worth customers with an expanded suite of wealth, health, travel and international banking solutions. 

FBM KLCI Highest In Four Months On US Rate Cut Hopes

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.