Walee Group’s Financing Product Nominated For 2024 Singapore FinTech Excellence Awards

KUALA LUMPUR, Nov 5 (Bernama) -- Walee Group announced that Hakeem, the flagship Islamic Nano-financing product of its financial services division, “Walee Financial Services”, has been nominated for the 2024 Singapore FinTech Festival - FinTech Excellence Awards.

HCLTech AI/Cloud Native Lab In Singapore Set To Open Next Year

KUALA LUMPUR, Nov 5 (Bernama) -- Global technology company, HCLTech announced the creation of a new Singapore-based artificial intelligence (AI)/Cloud Native Lab, its fifth lab in its global network, which is expected to open in 2025.

Bursa Malaysia Opens Lower

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.

Pakistan Sees Maiden Islamic Nano Financing Product By Walee Financial Services 

KUALA LUMPUR, Nov 4 (Bernama) -- Walee Financial Services Pvt Ltd has introduced Pakistan’s first Islamic nano-financing product, offering interest-free (riba-free) nano-finance through a unique commodity-based trade structure under its fintech brand Hakeem.

Bursa Malaysia Rises 0.47 Pct At Midday On Regional Optimism

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia's main index closed the morning session higher, mirroring positive sentiment across regional markets.

Bursa Malaysia Rises As Wall St Gains Boost Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia opened higher on the week's first trading day, buoyed by Wall Street's overnight gains ahead of tomorrow's United States (US) presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

MMAG Aviation Consortium Gets Nod To Establish Leasing Business In Labuan

KUALA LUMPUR, Nov 1 (Bernama) -- MMAG Holdings Bhd's subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has received the Labuan Financial Services Authority’s (Labuan FSA) approval to establish a wholly-owned subsidiary in Labuan to carry on a leasing business.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks.