Bursa Malaysia Lower At Mid-afternoon, Selling In Heavyweights

KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia was lower at mid-afternoon, weighed down by selling in heavyweights led by Public Bank, CIMB Group, and MISC.

Foreign Investors Extend Net Inflows Across Asia To US$904.8 Mln Last Week

KUALA LUMPUR, Oct 13 (Bernama) -- Foreign investors extended their net buying streak for the second consecutive week across Asian markets last week, recording net purchases of US$904.8 million, which was 4.12 times lower than the previous week’s inflow of US$3.73 billion.

Glove Stocks Rise In Early Trade On Positive Sector Outlook

KUALA LUMPUR, Oct 8 (Bernama) -- Rubber glove stocks rose in early trade on Wednesday, driven by a positive sector outlook, Kenanga Investment Bank Bhd said, amid ongoing US-China geopolitical tensions.

Expanding Telecommunication Access Key To Economic Uplift Of Marginalised Groups

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 7 (Bernama) -- Expanding telecommunication access is critical to uplifting marginalised groups such as the Orang Asli, as connectivity opens doors to economic participation, education, healthcare, and other essential opportunities.

Oil Prices Up 2nd Day After Modest OPEC+ Hike, But Gains Limited

WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November.

BUDI95 Initiative Targets Fairer Subsidy, Boosts Income Equity --  Economists

KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.

Ringgit Eases Versus Greenback On Firm US Economic Data

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar on Friday as the greenback gained momentum following stronger United States (US) economic data.

Bursa Malaysia Opens Slightly Lower, Tracks Wall Street

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.

Tower B Fully Sold, Tower A Selling Fast As COVO Topping Out Marks 68 Pct Progress

PUTRAJAYA, Sept 23 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) COVO development in 16 Sierra has achieved a major milestone with Tower B fully sold and Tower A selling rapidly.

Kensana Health Secures US$120 Mln Investment Deal With GEM Ahead Of Planned Nasdaq Listing

KUALA LUMPUR, Sept 22 (Bernama) -- Kensana Health Inc (Kensana) announced it has inked a share subscription facility of up to US$120 million with Luxembourg-based alternative investment group GEM Global Yield LLC SCS (GEM), signalling a major financial boost as the company eyes a public listing. (US$1=RM4.20)

Bursa Malaysia Ends Flat Amid Lack Of Fresh Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia wrapped up the holiday-shortened trading week on a slightly weaker note on Friday, remaining below the 1,600 points psychological level amid a lack of fresh leads.

Digital Platforms Key To Startup Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- Digital platforms are a key element for start-up businesses to build resilience and drive sustainable growth, according to industry players.