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FBM KLCI Closes At Intraday High After Sluggish Session, CI Up 0.40 Pct

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended in positive territory, with the index closing at its intraday high after a sluggish session, buoyed by late buying interest and strong corporate earnings announcements, said Rakuten Trade Sdn Bhd.

EdgeconneX Doubles Down With Second 150MW Data Centre In Greater Osaka

KUALA LUMPUR, Aug 27 (Bernama) -- EdgeConneX has announced the acquisition of its second data centre site in the Greater Osaka and Yawata areas of Japan, bringing its total data centre platform capacity to 350 megawatts (MW) of utility power, further highlighting the region's significant scalability potential.

Bursa Malaysia Slips On Profit-taking In Early Trade

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened slightly firmer on Wednesday but reversed course within minutes, with the benchmark slipping on spillover profit-taking from yesterday’s sell-off despite overnight gains on Wall Street.

Bursa Malaysia Opens Higher On Heavyweight Buying

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, rebounding from yesterday’s losses on renewed buying in selected heavyweights, though sentiment remained cautious over the global economic outlook, a dealer said.

YTL Green Data Centre Promotes Malaysia As AI Hub - Tengku Zafrul

 KUALA LUMPUR, Aug 20 (Bernama) -- The YTL Green Data Centre in Kulai, Johor has placed Malaysia on the global map as an artificial intelligence (AI) hub and the AI Centre of Excellence in ASEAN, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Trump Demands Resignation Of Intel Chief Executive Lip-bu Tan

WASHINGTON, Aug 7 (Bernama-dpa) -- United States (US) President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan, after a US senator accused the chip manager of being too close to China, German Press Agency (dpa) reported. 

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

NVIDIA-YTL Power Deal To Boost Malaysia As ASEAN AI Hub

KUALA LUMPUR, July 26 (Bernama) -- Malaysia is poised to emerge as a regional hub and centre of excellence for artificial intelligence (AI) in ASEAN following the signing of a strategic partnership between NVIDIA Corporation and YTL Power International Bhd.

Ringgit Strengthens Against US Dollar As China Economic Data Boosts Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, July 15 (Bernama) -- The ringgit finished higher against the US dollar at the close on Tuesday as market sentiment improved on the back of better-than-expected economic data from China.

Johor Boosts Investments By Creating New Economic Wave In Digital, AI Sectors

By Mohamad Syazwan Mustafa

JOHOR BAHRU, July 9 (Bernama) -- Johor has become one of the most vibrant investment destinations in Malaysia as it continues to record investment approvals totalling RM30.1 billion in the first quarter of this year, creating momentum and a new wave in the country's investment ecosystem through the digital and artificial intelligence (AI) sectors.

YTL Power Invests RM10 Bln In AI, Encourages Local Companies To Leverage AI Infrastructure

KUALA LUMPUR, July 8 (Bernama) – YTL Power International Bhd has invested about RM10 billion in artificial intelligence (AI) and AI infrastructure to date and encourages Malaysian companies to invest in AI and leverage the infrastructure.

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).