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FBM KLCI Rebounds On Late Buying To End Higher As Broader Market Falls  

By Karina Imran

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.

Zoran Vasiljev Joins Xsolla To Drive Global Expansion

KUALA LUMPUR, Sept 25 (Bernama) -- Xsolla, a global video game commerce company, announced the appointment of Zoran Vasiljev as its Senior Vice President of Global Strategic Partnerships, effective Oct 1.

Accumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 -- Dosm

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said.

LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal

KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices

KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.

Quantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScape

KUALA LUMPUR, Sept 25 (Bernama) -- Quantexa, the global leader in Decision Intelligence (DI) solutions has been recognised as a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2024 Vendor Assessment.

Siemens Mobility, DMIA Sign MoU For Digital Transformation Of National Railway System

KUALA LUMPUR, Sept 24 (Bernama) --  Siemens Mobility Sdn Bhd and Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) have signed a memorandum of understanding (MOU) in efforts to digitise the railway system in Malaysia and improve the country's rail services.

CPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their upward trend to close higher for the fifth consecutive day although the gains were smaller, nearly half of yesterday’s on the most active December contract.

Ringgit Jumps To 34-month High Vs US Dollar After China Unveils Stimulus Measures

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.

Bursa-listed And Large Non-listed Companies Required To Comply With NSRF: SC

KUALA LUMPUR, Sept 24 (Bernama) -- The National Sustainability Reporting Framework (NSRF) will require companies listed on Bursa Malaysia's Main and ACE Markets, along with large non-listed firms generating annual revenue of RM2 billion or more, to comply with new sustainability reporting standards.