Bursa Malaysia Opens Lower On Mild Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia opened lower on Friday on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.

Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

Ringgit Opens Slightly Higher Against US Dollar

By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.

BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.

CPO Futures Extend Gains On Weaker Output Outlook

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.

Ringgit Closes Lower Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit turned lower against the US dollar at the close today amid improved demand for the greenback following the US administration seeking ways to reduce the 10-year US Treasury yield rather than bringing down the Fed Fund Rate, said an analyst.    

Bursa Malaysia Ends Higher Led By Energy Stocks, CI Up 0.67 Pct

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia closed higher on broad-based buying during the late session, with the market bellwether ending at an intraday high, driven by energy stocks, said an analyst.

Zenas BioPharma Targets Key 2025 Milestones For Obexelimab In Autoimmune Diseases

KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.

Saviynt Hires Sunil Kedaraji As VP Of Partner Sales For APJ

KUALA LUMPUR, Feb 6 (Bernama) -- Saviynt, a cloud-native identity governance solutions provider, has appointed Sunil Kedaraji as Vice President (VP) of Partner Sales for Asia-Pacific and Japan (APJ).

Gamuda’s Order Book Set To Rise 11 Pct with Sungai Perak Water Project

KUALA LUMPUR, Feb 6 (Bernama) -- Gamuda Bhd’s participation in the Sungai Perak Raw Water Transfer Scheme (SPRWTS) development project could potentially bump up Gamuda’s outstanding order book by about 11 per cent to RM41.1 billion.

Eco-luxury At Berjaya Hills The Chateau: A Harmonious Blend Of Sustainability And Wellness

By Harizah Hanim Mohamed

BENTONG, Feb 6 (Bernama) – Growing awareness of the need to reduce environmental impact has led Berjaya Hills Resort Bhd to implement measures that allow guests at the Chateau Spa and Wellness Resort to enjoy healing and relaxation away from city life while also being mindful of preserving nature.

Bursa Malaysia Trades Higher At Opening

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia continued its positive performance at the opening on Thursday, with buying led by the industrial products and construction counters, analysts said.