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Khazanah, GLICs Should Continue To Identify Companies Like SkyeChip For Malaysia's Next Leap

By M.Saraswathi

KUALA LUMPUR, June 5 (Bernama) -- Khazanah Nasional Bhd and other government-linked investment companies (GLICs) should continue to identify and nurture more high-potential companies like SkyeChip Bhd to strengthen Malaysia’s position in high-growth technology sectors, particularly semiconductors, artificial intelligence (AI) infrastructure, advanced electronics and digital technologies.

Bursa Malaysia Remains Firm As Investor Sentiment Improves

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia extended yesterday's gains to open higher today, despite mixed overnight cues from Wall Street and a generally weaker opening by regional markets.

Ringgit Weakens Against US Dollar, Gains Against Major Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.

Malaysia Should Strengthen Trade, Investment Ties With Taiwan In Semiconductor Sector

KUALA LUMPUR, June 4 (Bernama) -- Malaysia should place greater emphasis on strengthening trade and investment relations with Taiwan, particularly in the semiconductor industry, said Taylor’s University adjunct professor, Dr Ong Kian Ming.

Bursa Malaysia Ends On Firmer Note Amid Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia ended on a firmer note today, outperforming a broadly weaker regional market, as local sentiment was supported by bargain hunting in oversold blue-chip stocks following the benchmark index’s recent slide.

Asia Vision Capital Observes Demographic And Healthcare Shifts Shaping Senior Living

KUALA LUMPUR, June 4 (Bernama) -- Malaysia’s demographic shift towards an ageing society is accelerating faster than previously anticipated.

Airasia X Dismisses Reports Of Philippines Airasia Shutdown, It Remains Operational

KUALA LUMPUR, June 4 (Bernama) -- AirAsia X has denied recent media reports claiming that Philippines AirAsia operations have been grounded.

Trade Policy Concerns Temper US Dollar's Strength, Lifting Ringgit

By Harizah Hanim Mohamed

KUALA LUMPUR, June 4 (Bernama) -- The ringgit was traded slightly firmer against the US dollar at the opening today, as soft sentiment towards the greenback outweighed better-than-expected key United States economic data.

Malaysia Well-positioned For AI Infrastructure Growth - Schneider Electric

TAIPEI, June 3 (Bernama) -- Schneider Electric is confident in Malaysia's ability to support the growth of artificial intelligence (AI) infrastructure, given the country's strong semiconductor ecosystem, expanding data centre industry and growing appeal among global technology investors.

Blackstone Closes Largest Asia Private Equity Fund At US$13.1 Bln

KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)

Expereo Report: Firms Rush Into AI Investment Amid ROI Concerns

KUALA LUMPUR, June 3 (Bernama) -- Expereo, a managed Network as a Service provider, stated that enterprise artificial intelligence (AI) spending is rising rapidly as organisations race to deploy the technology faster than they can assess its effectiveness.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note, supported by continued bargain-hunting in selected heavyweight stocks, particularly within the consumer and industrial products and services sectors.