Sime Darby Property On Track To Achieve Sales Target Of RM3.6 Bln, GDV Of RM4 Bln In FY2025

KUALA LUMPUR, Nov 20 (Bernama) -- Sime Darby Property Bhd is on track to achieve sales target of RM3.6 billion and gross development value (GDV) launches worth RM4 billion for the financial year 2025 (FY2025).

Ringgit Ends Lower Against US Dollar As Confidence In US December Rate Cut Fades

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.

Cloudera Unveils AI-Powered Platform Update For Unified Data Access, Governance

KUALA LUMPUR, Nov 20 (Bernama) -- Cloudera has announced a major platform update that integrates Trino, Cloudera Shared Data Experience (SDX), and Cloudera Octopai Data Lineage to deliver unified data access, control, smarter governance, and lineage across the entire data estate.

AWS, HUMAIN To Deploy 150,000 AI Accelerators In Saudi Arabia’s First AI Zone 

KUALA LUMPUR, Nov 20 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, and HUMAIN, a Public Investment Fund (PIF) company, announced plans to provide, deploy and manage up to 150,000 artificial intelligence (AI) accelerators in a new data centre facility known as an “AI Zone” in Riyadh.

Quantexa Bags Dual Recognition From Chartis For AML, KYC Solutions

KUALA LUMPUR, Nov 20 (Bernama) -- Quantexa, a global pioneer in Decision Intelligence, has been recognised as a Category Leader in Chartis’ RiskTech Quadrant for anti-money laundering (AML) transaction monitoring solutions and RiskTech Quadrant for KYC Solutions, 2025.

Johor Capital Group Partners Hong Kong-Based Companies To Advance Digital Infrastructure

KUALA LUMPUR, Nov 20 (Bernama) -- Johor Capital Group (JCG) today signed two memoranda of understanding (MoUs) with Hong Kong-based HGC Global Communications Ltd (HGC) and Legan Group (Legan), to advance Malaysia’s ambition to become a regional hub for digital connectivity, data infrastructure and artificial intelligence (AI) innovation.

DigitalBridge Closes US$11.7 Bln Digital Infrastructure Fund

KUALA LUMPUR, Nov 20 (Bernama) -- DigitalBridge Group Inc (DigitalBridge) announced the successful close of DigitalBridge Partners III (DBP III), its third value-added digital infrastructure fund, securing US$11.7 billion in total capital commitments. (US$1=RM4.14)

Quantexa Unify For Microsoft Fabric To Strengthen Enterprise Data Foundations

KUALA LUMPUR, Nov 20 (Bernama) -- Quantexa has announced the general availability of Quantexa Unify for Microsoft Fabric, marking a major milestone in helping enterprises build connected, high-quality data estates to unlock the full potential of analytics and artificial intelligence (AI).

Bursa Malaysia Opens Higher On Tech, Construction Buying

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Thursday, led by buying in technology and construction stocks, mirroring gains on Wall Street.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, extending its recent gains as improved regional sentiment supported emerging Asian currencies.

Gold Futures End Higher On Expectations Of Dovish Fed Policy

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as investors expect upcoming US economic data to push the Federal Reserve (Fed) toward a more dovish stance in December, said SPI Asset Management managing partner Stephen Innes.

Ringgit Rises To RM4.14 Versus US Dollar On Robust October Exports

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit performed favourably against the US dollar today, supported by reports of Malaysia’s robust export performance in October.