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Gibran's Exit: Indonesia Faces Renewed Pressure To Sustain Investor Confidence -- Analyst

JAKARTA, Nov 13 (Bernama) -- Indonesia faces renewed pressure to maintain investor confidence and economic stability after vice-president Gibran Rakabuming Raka's resignation, with his successor's credibility expected to play a crucial role in shaping market sentiment, an economist said.

Bursa Malaysia's Key Index Opens Lower As Nvidia Turmoil Rattles Wall Street

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index opened lower on Friday, tracking US Wall Street’s overnight decline amid mounting concerns over Nvidia’s leadership crisis.

JCorp’s ‘Membina Dan Membela’ Mandate Shapes Growth Strategy

By Nurunnasihah Ahmad Rashid

 

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Corporation (JCorp) views growth as more than a corporate ambition, with every commercial opportunity carefully evaluated against its founding purpose of “Membina dan Membela” (Creating Value, Enabling Sustainable Communities).

Nvidia CEO Jensen Huang Resigns Amid Board Investigation

ISTANBUL, Nov 12 (Bernama-Anadolu) -- Nvidia announced Thursday that Jensen Huang had resigned as president, chief executive officer and board member, effective immediately, amid an independent investigation into reports that he was targeted by a foreign intelligence operation, Anadolu Ajansi reported.

CPO Futures End Higher On Bargain-hunting, Gains In Related Vegetable Oils

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, supported by modest bargain-hunting and gains in related vegetable oil futures, a dealer said.

JS Tradventures Clinches Asia Record For Highest Trading Winning Percentage

SHAH ALAM, Nov 12 (Bernama) -- JS Trading Ventures Sdn Bhd (JS Tradventures) has become the first trading community in Asia to receive Asia Record recognition for achieving the highest trading winning percentage in multi-asset trading within a two-month period.

Ringgit Ends Higher Against Major, ASEAN Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit ended higher against major and ASEAN currencies on Thursday but dipped against the US dollar as growing expectations of an aggressive US  interest rate hike boosted demand for the greenback.

Acer Malaysia Launches POSWARE Range, Targets 1,000 Units By End-2027

PETALING JAYA, Nov 12 (Bernama) -- Acer Malaysia is targeting 1,000 units of its Acer POSWARE point-of-sale (POS) equipment in Malaysia by the end of 2027, following today’s launch of the new range.

Deeper Economic Cooperation With China Will Boost Investments, Opportunities For SMEs -- Sim

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia is seeking to deepen economic cooperation with China by strengthening partnerships between businesses from both countries, particularly in enabling local small and medium enterprises (SMEs) to participate in supply chains and benefit from greater investment opportunities.

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an analyst said.

Smallholders Face Mill Intake Risks Amid Palm Oil Glut - Analyst

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 12 (Bernama) -- Independent smallholders are likely to bear the brunt of Malaysia's rising palm oil stockpiles and weakening prices, as they have little flexibility to delay sales and risk facing stricter palm oil mill intake quotas and fruit rejections, according to an analyst.

Chengdu’s Shuangliu Draws Largest iSpace Rocket Base In China

KUALA LUMPUR, Nov 12 (Bernama) -- Chinese commercial space company, iSpace has completed the main structure of the final assembly plant at its base for producing and testing reusable liquid-fuel rockets in the Chengdu Shuangliu Economic Development Zone.