Bursa Suspends YBS' Short-selling, Issues UMA Query

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia has suspended intraday short-selling (IDSS) for YBS International Bhd until next Monday, Feb 17, at 8.30 am due to breaches in price limit.

XPENG Makes UK Debut With Pre-Sale Launch Of First Right-Hand Drive SUV

KUALA LUMPUR, Feb 13 (Bernama) -- Chinese high-tech automotive company, XPENG has officially entered the United Kingdom (UK) market, announcing the pre-sale of its first right-hand drive model, the XPENG G6.

Able Global's Intraday Short Selling Suspended

KUALA LUMPUR, Feb 13 (Bernama) -- Intraday short selling (IDSS) of Able Global Bhd’s shares has been suspended for the rest of the day after its last done price dropped by more than 15 per cent or 15 sen from its reference price.

Muafakat Between Indonesia, Malaysia Must Extend Beyond Economic Collaboration

SHAH ALAM, Feb 12 (Bernama) -- Indonesia and Malaysia’s muafakat must extend beyond economic collaboration to include enhanced cybersecurity, counterterrorism efforts, and maritime security in the Indo-Pacific region, said Senior Political Secretary to the Prime Minister, Datuk Seri Shamsul Iskandar Mohd Akin. 

Sarawak's MASwings Acquisition Finalised, Airline To Be Known As AirBorneo

KUCHING, Feb 12 (Bernama) -- The Sarawak government, which today formalised its acquisition of MASwings through the signing of a sale and purchase agreement with Malaysia Aviation Group (MAG), has named the state’s new airline AirBorneo. 

ASEAN To See US$100 Bln Boost To GDP With Increased EO Data Adoption -- Report

SINGAPORE, Feb 11 (Bernama) -- The increased adoption of Earth Observation (EO) data across Southeast Asia is estimated to contribute an additional US$100 billion to the region’s gross domestic product (GDP) cumulatively from 2023 to 2030, according to a report launched today.

Nearfield Instruments Expands Into US Market With New Subsidiary, Secures Major Orders

KUALA LUMPUR, Feb 10 (Bernama) -- Nearfield Instruments, an advanced metrology and inspection solutions provider for the semiconductor industry, has announced the establishment of its United States (US) subsidiary, Nearfield Instruments USA Inc.

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”

Labuan’s USO Continues Expansion With Seventh Office Facility At Mid Valley

By Jailani Hasan

LABUAN, Feb 7 (Bernama) -- Universal Serviced Offices (USO), a Labuan-based serviced office provider, has announced its latest expansion with a new facility in Mid Valley, Kuala Lumpur. 

Ringgit Opens Slightly Higher Against US Dollar

By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.

Bursa Malaysia Trades Higher At Opening

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia continued its positive performance at the opening on Thursday, with buying led by the industrial products and construction counters, analysts said. 

Ringgit Traded Higher Against The Greenback Amid Weaker US Labour Market

By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit opened higher against the US dollar at today’s opening as the US Dollar Index (DXY) fell further with the US labour market indicating a weaker outlook, an analyst said.