Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.

Ringgit Ends At Fresh Seven-year High Of 3.95 Vs US Dollar, New Support Seen At 3.8722

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.

Saudi Arabia To Host WEF Global Meeting In April

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia is set to host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 to 23.

Capital A Shares Higher After Teleport Raises US$50 Mln RCPS Deal

 LUMPUR, Jan 23 (Bernama) -- Capital A Bhd share rose in early trade after its logistics arm, Teleport Everywhere Pte Ltd, entered into a subscription agreement to issue US$50 million in redeemable convertible perpetual securities (RCPS) to funds managed by HPS Investment Partners. 

Bursa Malaysia Opens Lower On Mild Profit-taking

KUALA LUMPUR, Jan 23 (Bernama) -- Mild profit-taking nudged Bursa Malaysia lower at the open on Friday, following its robust close a day earlier.

Bursa Malaysia Bullish On OPR Status Quo, Easing Geopolitical Tensions

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 22 (Bernama) -- Positive sentiment surrounding the Overnight Policy Rate (OPR) status quo, coupled with easing geopolitical uncertainty, supported the Bursa Malaysia benchmark index in closing higher today.

AB Tasty, VWO Combine To Redefine Digital Optimisation

KUALA LUMPUR, Jan 21 (Bernama) -- AB Tasty and VWO, two pioneers in digital experience optimisation, have entered into an agreement to combine, subject to customary closing conditions, creating a scaled, artificial intelligence (AI)-driven experimentation and personalisation platform serving enterprises worldwide.

Gold Futures Extend Upward Momentum Amid Escalating Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their upward momentum on Tuesday, closing higher as market sentiment was further supported by escalating trade tensions between the United States (US) and the European Union.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia bucked the regional trend by closing the morning session lower, as selling in index heavyweights, led by financial services and utilities counters, weighed on the market.

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.  

Corporate Exercise Ongoing Despite Bursa Malaysia’s Time Extension Rejection - Capital A

KUALA LUMPUR, Jan 8 (Bernama) -- Capital A Bhd clarifies that Bursa Malaysia Securities Bhd’s decision not to approve its application for a time extension to complete share distribution has no material impact on the group’s ongoing corporate exercise.

Articul8 AI Raises Series B, Targets US$70 Mln 

KUALA LUMPUR, Jan 8 (Bernama) -- Articul8 AI Inc has closed the first tranche of its oversubscribed Series B financing, positioning the enterprise generative artificial intelligence (GenAI) software company for its next phase of global expansion.