From Rosemarie Khoo Mohd Sani
TAIPEI, June 2 (Bernama) -- Global energy technology leader Schneider Electric has unveiled an innovative 800-volt direct current (800VDC) power system designed to support NVIDIA's next-generation graphics processing units (GPUs) and address the rising electricity demands of artificial intelligence (AI) data centres.
KUALA LUMPUR, May 29 (Bernama) -- Credit to the private non-financial sector grew by 5.8 per cent in April 2026 compared to 5.6 per cent in March 2026, driven by higher growth in outstanding business loans and outstanding corporate bonds, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 29 (Bernama) -- Bidgely will hold its EmPOWER AI London conference from June 10 to 12 as part of its global event series focused on artificial intelligence (AI), electrification and customer engagement in the energy sector.
KUALA LUMPUR, May 29 (Bernama) -- Malaysia’s official reserve assets amounted to US$129.73 billion at the end of March 2026, compared with US$126.61 billion at end-March 2026.
KUALA LUMPUR, May 29 (Bernama) -- Malayan Banking Bhd’s (Maybank) shares edged higher in early trade today, reflecting sustained investor confidence in Malaysia’s largest bank despite softer earnings for the first quarter ended March 31, 2026 (1Q 2026).
KUALA LUMPUR, May 28 (Bernama) -- The West Asia conflict dragged down total air passenger demand, measured in revenue passenger kilometres (RPK), by 3.4 per cent year-on-year (y-o-y) in April 2026, according to the International Air Transport Association (IATA).
By Danni Haizal Danial Donald
KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia closed lower on Thursday, extending its losses for a third consecutive day, as investor sentiment turned increasingly risk-averse amid escalating geopolitical tensions.
KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd.
KUALA LUMPUR, May 26 (Bernama) -- Hong Leong Bank Bhd posted a higher net profit of RM1.03 billion in the third quarter ended March 31, 2026 (3Q 2026) from RM946.70 million in 3Q 2025.
KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.
JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.
