Ambank Finances RM1.06 Bln Acquisition Of Bahru Stainless From Spain’s Acerinox

KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Malaysia's Collaboration With Arm Represents Start Of Second Semiconductor Wave - PM Anwar

KUALA LUMPUR, March 5 (Bernama) -- Malaysia’s comprehensive partnership with Arm Holdings Plc represents the start of a second semiconductor wave, marking a fundamental shift in country's approach to semiconductors and technology which will shape its future, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Higher At Midday As Bargain Hunters Step In, CI Up 0.67 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.   

Ringgit Slightly Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.  

ASEAN To Hold Talks With US, GCC, China On Trade -- Tengku Zafrul

KUALA LUMPUR, March 4 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has said that the summit that ASEAN plans to hold with the United States (US) is currently in the planning stages. 

XPENG Establishes Itself As Leading Intelligent EV Brand In Indonesia

KUALA LUMPUR, March 3 (Bernama) -- XPENG, a prominent Chinese high-tech automotive company, has officially entered the Indonesian market through a strategic partnership aimed at introducing its advanced electric vehicle (EV) technology to Indonesian consumers.

Sime Darby Property Sees Strong Growth In High Rise Segment, Signals Shift In Market Strategy

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd is seeing a significant shift in its development strategy, with high rise projects contributing significantly to its revenue growth for the financial year ended Dec 31, 2024 (FY2024), reflecting changing market trends and buyer demand.

China Gears Up For 2025 Growth With Stimulus Measures, Strategic Policies - CGTN

KUALA LUMPUR, March 3 (Bernama) -- China has outlined a comprehensive strategy to drive economic growth in 2025, leveraging targeted stimulus measures and high-level policy frameworks to sustain momentum despite global uncertainties.

Malaysia’s Auto Sector Shifts Gears For E-mobility Growth - Tengku Zafrul

RAWANG, March 3 (Bernama) -- Malaysia’s automotive industry is adapting to global demand for e-mobility solutions, reshaping supply chains and manufacturing processes in line with government policies, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.  

EPF To Base Future Investments On Strategic Asset Allocation – CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) future investments will be guided by its Strategic Asset Allocation (SAA), which follows a three-year investment cycle and is reviewed every three years.  

Bursa Malaysia To Remain Cautious Next Week, Likely To Trade Within Tight Range - Analyst

KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.