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FBM KLCI Ends Lower As Investors Shift Focus To Smaller-Cap Stocks

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s main index closed lower on Friday after a choppy session, while buying interest shifted to smaller-cap stocks, particularly technology and construction counters.

Coal Price Hike Has Direct Impact On Cost Of Generating Electricity - Akmal Nasrullah

KUALA LUMPUR, Sept 18 (Bernama) -- The increase in coal prices to US$148 per tonne on Sept 10, 2026 will directly impact the cost of electricity generation, said Economy Minister Akmal Nasrullah Mohd Nasir today.

JETRO to Expand Japan’s Wagyu Beef Secondary Cuts in Malaysia

KUALA LUMPUR, Sept 18 (Bernama) -- The Japan External Trade Organisation (JETRO) Kuala Lumpur will be hosting a seminar on Wagyu Secondary Cuts to enhance its adoption and contribute to the further expansion of Wagyu exports in the Malaysian market.

AirAsia Receives Signed US$1 Bln Financing Term Sheet From Middle East

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has received a signed term sheet for US$1 billion (US$1=RM4.10) in financing from the Middle East but is holding off on accepting it as the group seeks the best deal, said co-founder and adviser Tan Sri Tony Fernandes.

AirAsia Anticipates Jet Fuel At US$160-US$190 Per Barrel, May Reprice Fares If Prices Surge

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd currently anticipates jet-fuel prices of between US$160 and US$190 per barrel and may reprice airfares again should prices rise to US$250 per barrel, said co-founder and adviser Tan Sri Tony Fernandes.

Beacon Accelerates AI Deployment With Haize Labs Acquisition

KUALA LUMPUR, Sept 18 (Bernama) -- Beacon Software (Beacon), the first centralised artificial intelligence (AI) holding company, has acquired Haize Labs, an AI reliability company testing and safeguarding AI agents for real-world deployment.

Mavenir Launches AI-Native NetAIShield For Telecom Fraud Protection

KUALA LUMPUR, Sept 18 (Bernama) -- Mavenir, the software company building cloud-native, artificial intelligence (AI)-by-design mobile networks, has launched NetAIShield, its next-generation AI-native fraud protection framework designed to protect telecom networks and subscribers against increasingly sophisticated fraud.

No Govt Bailout Discussions For AirAsia -- Tony Fernandes

KUALA LUMPUR, Sept 18 (Bernama) -- AirAsia Group Bhd has not had any discussions with the government over a bailout and remains confident in its liquidity and business sustainability, said co-founder and adviser Tan Sri Tony Fernandes.

Penang Eyes Regional Partial Homeport Role For Swettenham Pier, Says Can Handle 12,000 Passengers

GEORGE TOWN, Sept 18 (Bernama) -- Penang is positioning Swettenham Pier for a bigger role in the regional cruise network, with the terminal now capable of accommodating two quantum-sized cruise ships simultaneously and up to 12,000 passengers.

Bursa Malaysia’s Key Index ends Morning Session Lower Amid Cautious Sentiment

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.

Exports Of Sarawak's Timber, Timber-based Products Reach RM1.16 Bln As Of June

KUCHING, Sept 18  (Bernama) -- The export value of timber and timber-based products from Sarawak is estimated to have reached RM1.16 billion as of June this year, said Sarawak Timber Industry Development Corporation (Pusaka) general manager Datuk Zainal Abidin Abdullah.

Sabah Records 25.5 Pct Increase In China Arrivals

KOTA KINABALU, Sept 18 (Bernama) -- Sabah continues to record strong growth in arrivals from China, with visitor numbers increasing 25.5 per cent in the first seven months of the year, reinforcing China’s position as the state’s largest international visitor market.