1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Analysts have maintained a positive outlook for Bursa Malaysia Bhd following the company's strong earnings in its financial year 2024.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- AvePoint, a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading Limited (SGX-ST), in addition to its current Nasdaq Global Select Market listing.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Global cybersecurity company Kaspersky detected and blocked 27.9 million web threats in Malaysia last year, up four per cent from 2023.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia ended the morning session lower today as investors stayed cautious ahead of key economic data releases this week and the Chinese New Year break.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Digital Nasional Bhd (DNB) and EDOTCO Group have completed the installation of 5G In-Building Solutions (IBS) at the Kuala Lumpur International Airport (KLIA) and KLIA2 to improve connectivity for travellers and visitors.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Bursa Malaysia is expected to trade in cautious mode next week ahead of Chinese New Year and the first US Federal Open Market Committee (FOMC) meeting of 2025, scheduled for Jan 28-29.