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Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point. 

Trade Rises 18.6 Pct To RM252.65 Bln In August, Fastest Growth Rate In 22 Months

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).

AirAsia, Airbus Partner For ASEAN Aviation Sustainability

From Soraya Jamal

BALI, Sept 19 (Bernama) -- AirAsia today announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives aimed at reducing carbon emissions in the ASEAN region.

SMART Modular Technologies Flash Memory Drives Feature SEU Mitigation For Remote Applications

KUALA LUMPUR, Sept 19 (Bernama) -- SMART Modular Technologies Inc (SMART), a division of SGH announced a proprietary technology to mitigate the adverse impact of single event upsets (SEUs) in high-reliability flash-memory based systems.

RHB IB Lifts 2024 TIV Forecast To 790,000 Units

KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.

BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.

Empowering Youth Through TVET: Syed Hussien's Key Agenda

KLUANG, Sept 19 (Bernama) -- One of the key agendas of Syed Hussien Syed Abdullah, the Barisan Nasional (BN) candidate for the Mahkota state assembly by-election, is to empower the young people in the constituency through Technical and Vocational Education and Training (TVET). 

Haily Group Unit Bags Construction Contract Worth RM75.9 Mln

KUALA LUMPUR, Sept 18 (Bernama) -- Haily Group Bhd’s wholly-owned unit Haily Construction Sdn Bhd has accepted a letter of award from Meridin East Sdn Bhd for the construction and completion of 393 units of terrace houses in Johor Bahru worth RM75.90 million. 

FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama)  -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.

Rubber Market Ends Mixed In Tandem With Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday in tandem with regional rubber futures markets as strong United States (US) economic data weakened prospects of an aggressive US interest rate cut, said a dealer.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.