Bursa Malaysia Opens Slightly Higher On Wall Street Recovery

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened slightly higher today on bargain hunting, tracking Wall Street’s overnight rebound amid rising expectations of US monetary easing next week.

Ringgit Extends Gains, Opens At 4.11 Against US Dollar

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.

AI On Track To Contribute Up To 1.2 Pct To GDP, Worth RM20 Bln Annually

KUALA LUMPUR, Dec 3 (Bernama) -- The artificial intelligence (AI) sector is expected to contribute an additional 0.8-1.2 per cent to Malaysia’s gross domestic product by 2030, equivalent to RM13-20 billion a year, according to the Ministry of Digital.

Gold Futures End Higher On Expectation Of Interest Rate Cut

KUALA LUMPUR, Dec 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, supported by a softer greenback amid growing expectations of a United States (US) interest rate cut next week.

Ringgit Bounces To Fresh 14-month High As US Dollar Weakens On Expected Rate Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Bursa Malaysia Snaps Two-day Rally On Profit-taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia snapped its two-day rally to close lower today, as investors engaged in profit-taking amid a more cautious trading tone, mirroring the mostly downbeat performance of regional peers.

Rubber Market Ends Mixed Amid Softer Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday following downward momentum in regional rubber futures and a slightly stronger ringgit against the US dollar, a dealer said.

MIDA Welcomes Tengku Zafrul's Appointment As Chairman

KUALA LUMPUR, Dec 3 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has welcomed the appointment of Tengku Datuk Seri Zafrul Abdul Aziz as its new chairman with immediate effect. 

Teledyne DALSA Unveils Xtium3 PCIe Gen4 Frame Grabber For Ultra-High-Speed Imaging

KUALA LUMPUR, Dec 3 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company, announced the launch of the Xtium3 PCIe Gen4 family, its next-generation frame grabber engineered to deliver maximum sustained throughput and ready-to-use image data for high-performance industrial applications.

Bursa Malaysia Slips At Midday On Selective Profit-taking

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.

Malaysia Expected To Achieve 49 Pct Of SDG Targets By 2030 -- Hanifah Hajar

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia is expected to achieve 49 per cent of the 169 Sustainable Development Goals (SDG) targets by 2030 based on analysis of 2023 data, according to Deputy Economy Minister Datuk Hanifah Hajar Taib.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.