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KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.
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By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald
KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.
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By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald
KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.
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KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.
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KUALA LUMPUR, June 6 (Bernama) — Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and imposed fines totalling RM350,000 on five of its directors for the breach of Main Market listing requirements.
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From Nor Baizura Basri
SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.
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KUALA LUMPUR, June 5 (Bernama) -- Arctic Wolf, a global leader in security operations, has officially launched its operations in Singapore, marking a significant step in the company’s Asia-Pacific expansion strategy.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s overnight rally despite rising trade tensions between China and the United States (US).
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KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.
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KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Jerasia Capital Bhd (in liquidation) and imposed fines totalling RM50,000 on three of its directors for failing to make an immediate announcement of the winding-up order.
10m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.