2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept the benchmark index in positive territory despite cautious overall market sentiment.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- The National Semiconductor Strategy (NSS) has secured more than RM85 billion in approved investments as of December 2025, said Deputy Minister of Investment, Trade and Industry (MITI) Sim Tze Tzin.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia continued its upward trend at midday, driven by strong buying interest in major financial and telecommunications stocks.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- Malaysia is well positioned to benefit from the global artificial intelligence (AI)-driven semiconductor upcycle through advanced packaging, AI infrastructure, semiconductor equipment demand and ongoing supply-chain diversification, said Apex Securities Bhd.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened higher on continued buying interest, underpinned by optimism over the semiconductor and artificial intelligence (AI) supercycle, a dealer said.
2m ago
KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day's advances.
2m ago
KUALA LUMPUR, July 1 (Bernama) -- Electricity consumption by the data centre sector is expected to increase significantly to 31% - equivalent to 73,274 gigawatt-hours (GWh) - by 2035, up from 7% or 10,544 GWh in 2026.
2m ago
CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes.
2m ago
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia ended the morning session on a firmer note, supported by selective buying interest in heavyweight counters, particularly within the utilities sector, amid range-bound trading.