KWAP Wins Global Award For RM6 Bln Dana Pemacu Initiative

KUALA LUMPUR, Nov 7 (Bernama) – The Retirement Fund Incorporated (KWAP) has won the Investment category at the Pensions & Investments (P&I) World Pension Summit Excellence and Innovation Awards for its RM6 billion Dana Pemacu initiative.

Bursa Malaysia Expected To Trade Within 1,600-1,630 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia is expected to trade within the 1,600-1,630 range next week, with selective accumulation likely to provide support at lower levels, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Expected To Trade With Slight Positive Bias Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit is expected to trade with a slight positive bias against the US dollar next week as investors assess the outlook for the United States interest rates.

JETRO Seeks To Expand Market For Japanese Food Products In Johor

KUALA LUMPUR, Nov 6 (Bernama) -- The Japan External Trade Organisation (Jetro) Kuala Lumpur and Embassy of Japan in Malaysia will be holding the B2B Japanese Food Promotion Programme, in Johor, to promote the use of Japanese ingredients among food service operators in the state.

Ringgit Slips Against US Dollar Amid Global Risk-off Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in the semiconductor sector.

Bursa Malaysia Ends Lower Amid Broad-based Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.

BNM Has Regulatory Safeguards In Place To Ensure Cyber Resilience of Financial Institutions

By M. Saraswathi and Karina Imran

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has put in place regulatory requirements for financial institutions to maintain adequate cybersecurity safeguards, continuously strengthening their defences, said Governor Datuk Seri Abdul Rasheed Ghaffour.

Bursa Malaysia Extends Losses At Midday On Weak Sentiment

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia continued its downtrend at midday on Friday, tracking losses among most regional peers as selling in heavyweight counters weighed on the market amid weak sentiment following Wall Street’s overnight rout.

Bursa Malaysia Opens Broadly Lower Amid Wall Street Sell-Off

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia opened broadly lower on Friday, with selling pressure dominating trading following Wall Street’s sharp overnight losses amid renewed concerns over artificial intelligence (AI)-related stocks.

Ringgit Opens Lower Amid Mixed US Economic And Market Signals

By Muhammad Fawwaz Thaqif Nor Afandi and Karina Imran

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, as mixed signals from the United States economy and financial markets weighed on the greenback's outlook.

NCER Realises RM4.6 Bln Investments In Perak, Creates 3,867 Job Opportunities

IPOH, Nov 5 (Bernama) -- The Northern Corridor Economic Region (NCER) recorded realised investments amounting to RM4.6 billion in Perak from January to September this year, creating 3,867 new job opportunities.

Evolving Cyber Threats Test Financial Resilience, Underscore Need For Local Talent