Chow: Penang Sees Positive Investment Prospects From US Mission

GEORGE TOWN, Oct 6 (Bernama) -- Penang has identified positive investment prospects in the United States (US), particularly in sectors driven by the rapid expansion of artificial intelligence (AI) technology and data centres, said Chief Minister Chow Kon Yeow.

Bursa Malaysia Stays Higher At Midday Tracking Regional Markets

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia stayed higher at midday, tracking regional markets after Wall Street’s positive performance overnight, led by megacap technology shares on solid artificial intelligence (AI) investment and earnings momentum.  

Guardsquare Opens First APAC Office In Singapore

KUALA LUMPUR, Oct 6 (Bernama) -- Guardsquare, a provider of mobile application security, has opened its first physical office in the Asia-Pacific (APAC) region in Singapore, strengthening its presence in a market where demand for mobile application and API security is growing.

Bursa Malaysia Opens Higher On Positive Wall Street Momentum

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia opened higher on Tuesday, in sync with Wall Street's positive overnight momentum, as muted oil prices following a recovery in West Asia crude exports offset a continued sell-off in US Treasuries.

Bahrain GP Boosts Q4 Services, Financial Impact Key To Assessing Permanent F1 Return -- Economists

KUALA LUMPUR, Oct 6 (Bernama) -- The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.

Ringgit Opens Slightly Higher Against Greenback Despite Higher US Rate Expectations

KUALA LUMPUR, Oct 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday, although the greenback remained supported by expectations of higher US interest rates. 

Zetrix AI Submits Proposed Solution To Resolve RM314 Mln Outstanding Remittances

KUALA LUMPUR, Oct 5 (Bernama) -- Zetrix AI Bhd said it has submitted a proposed solution to the government to address its outstanding remittances for consideration.

CPO Futures End Higher On Bargain Buying

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by bargain buying following last week’s price decline.

Ringgit Ends Higher Against ASEAN Currencies, Eases Against US Dollar

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit closed higher against most ASEAN currencies but eased against the US dollar on Monday, amid renewed concerns over France’s public finances following a sharp sell-off in its bond market last week.

Bursa Malaysia Ends Marginally Higher On Improved Risk Appetite

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia closed slightly higher today, in line with upbeat regional markets, as improved risk appetite was supported by softer US labour data, that reduced expectations of further Federal Reserve tightening and eased pressure on bond yields.

NexG Reverts Its Name To Datasonic On Bursa Malaysia From Oct 7

KUALA LUMPUR, Oct 5 (Bernama) -- NexG Bhd has reverted to its former name Datasonic Group Bhd after its shareholders approved the proposed name at its recent annual general meeting on Sept 30. 

West Asia Conflict Poses Downside Risks, But Impact On Malaysia's Financial Stability Manageable -- BNM

KUALA LUMPUR, Oct 5 (Bernama) -- The implications of the West Asia conflict, which has disrupted global commodity supplies and strategic trade routes, have remained manageable for Malaysia's financial stability, according to Bank Negara Malaysia (BNM).