Bursa Malaysia Retreats From 7-day Gains, Tracking Downbeat Regional Bourses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.  

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Mastercard, ASEAN-BAC To Host Inaugural Growth Summit

KUALA LUMPUR, Aug 14 (Bernama) -- The Mastercard Center for Inclusive Growth has partnered with the ASEAN Business Advisory Council (ASEAN-BAC) to host the inaugural Mastercard ASEAN Inclusive Growth Summit in Kuala Lumpur in late October this year.

FBM KLCI Highest In Four Months On US Rate Cut Hopes

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.

Thailand Sets Up One-stop Service Centre To Help Exporters Weather US Tariffs

BANGKOK, Aug 13 (Bernama) -- Thailand has established the Ministry of Commerce One Stop Service (MOC OSS) Centre to assist Thai businesses in responding to United States (US) tariff measures, offering comprehensive trade services ranging from tax advisory to market expansion to help reduce export costs.

Horizon Quantum Hires Greg Gould As CFO To Support Global Growth Strategy

KUALA LUMPUR, Aug 12 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a developer of advanced software development tools for quantum computers, has appointed Greg Gould as Chief Financial Officer (CFO).

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Bursa Malaysia Likely To Retain Uptrend Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst.

Bursa Malaysia Outperforms Regional Peers, Ends Week At Intraday High

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment.

FMM Calls For Clear Guidance, Support Measures Following Proposed US Tariff On Semiconductors

KUALA LUMPUR, Aug 7 (Bernama) -- Clear and timely guidance is crucial to maintaining investor confidence and preventing disruptions to supply chains that are integrated with the United States and global markets, according to the Federation of Malaysian Manufacturers (FMM).

Persistent Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.

InvestCloud Unveils AI-enabled Solutions To Transform Wealth Management

KUALA LUMPUR, Aug 7 (Bernama) -- InvestCloud, a global leader in wealth technology, has announced the first of a new generation of artificial intelligence (AI)-enabled solutions to help advisors increase productivity and deliver greater value to clients.