Anwar Arrives In New Delhi For BRICS Summit
From M. Saraswathi
NEW DELHI, Sept 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived here Friday to attend the 18th BRICS Leaders’ Summit hosted by Indian Prime Minister Narendra Modi.
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IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors
KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”
Mondelez International Unveils RM90 Mln investment In Crumb Tower, Deepening Commitment To Malaysia
KUALA LUMPUR, Sept 11 (Bernama) -- Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.
Bursa Malaysia Ends Week Sharply Lower Amid Regional Selloff
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.
Rakuten Trade Keeps End-2026 FBM KLCI Target At 1,770, Budget 2027 Next Key Test
KUALA LUMPUR, Sept 11 (Bernama) -- Rakuten Trade Sdn Bhd is keeping its end-2026 Bursa Malaysia benchmark index FBM KLCI target at 1,770, underpinned by clearer earnings visibility from Malaysia’s power and grid infrastructure spending.
Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB
KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.
Malaysia Well Positioned To Seize ASEAN’s Second-wave AI Compute Advantage -- Economist
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is well positioned to seize a first-mover advantage in ASEAN’s second wave of hyperscale and artificial intelligence (AI) computing infrastructure, driven by its competitive costs, strong connectivity and established semiconductor ecosystem.
Investment Banks Remain Positive On Plantation Counters Amid Higher Crude Oil Prices
KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.
Ringgit Opens Slightly Lower Against Greenback On Stronger US Economic Data
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened slightly lower against the US dollar on Friday, weighed by stronger-than-expected US economic data which supported the greenback.
Claims Filed In Singapore Relates To Eric Tan, Jho Low's Associate -- 1MDB Asset Recovery Taskforce
KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.
Malaysia-India Investment Ties Gain Momentum With Manufacturing, Green Energy Opportunities
From Saraswathi Muniappan
NEW DELHI, Sept 10 (Bernama) -- Malaysia and India’s investment ties continue to gain momentum, with Malaysia having approved 293 manufacturing projects with Indian participation worth US$2.95 billion (RM10.16 billion) as of June 2026, Malaysia’s Chargé d'Affaires, Deputy High Commissioner, Sharifah Ezneeda Wafa, said.
Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo
KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.