Wall Street Rally Lifts Bursa At Open

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia rebounded from last week’s losses to open higher on Monday, tracking overnight gains on Wall Street.

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.

Utilities And Consumer Stocks Lift Bursa Malaysia Higher At Mid-day

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note as positive sentiment persisted on the local bourse, supported by gains in utilities as well as consumer products and services stocks.

Westports May Potentially Replace Sime Darby In Upcoming KLCI Review

KUALA LUMPUR, July 14 (Bernama) -- Westports Holdings Bhd could potentially replace Sime Darby Bhd in the upcoming FTSE Bursa Malaysia KLCI (FBM KLCI) review, as its market capitalisation (market cap) ranking has risen to 24th among eligible securities, surpassing the eligibility threshold of the 25th-largest market cap.

Bursa Malaysia Snaps Two-day Slide At Open

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia opened higher on Wednesday, snapping a two-day losing streak, in line with gains across regional markets.

Anwar’s Visits To Italy, France, Brazil To Strengthen Investment, Trade Prospects

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah 

KUALA LUMPUR, July 8 (Bernama) -- Malaysia stands to gain immensely from Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Italy, France and Brazil, not only in attracting potential investments, but also in expanding export markets as protectionist tendencies from American tariffs threaten to shutter global trade.

Khazanah Eyes AI Deals With French, Italian Sovereign Funds

KUALA LUMPUR, July 8 (Bernama) -- Khazanah Nasional Bhd has held a series of productive meetings with the French and Italian sovereign wealth funds to explore cross-border collaboration, particularly in the field of artificial intelligence (AI).

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.

Visits To Italy, France And Brazil Achieved Key Objectives, Says PM Anwar

RIO DE JANEIRO, July 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Monday that his official visits to Italy, France and Brazil have successfully met their intended objectives.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by mild selling activities in selected heavyweights, particularly in utilities and financial counters, in line with the weaker performance of regional markets, an analyst said.

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).

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.