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Bursa Malaysia Ends Lower On Mixed Sentiment Ahead Of Key Data Releases

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia snapped its three-day winning streak to close marginally lower on Wednesday as selling pressure emerged in selected heavyweight counters, particularly in financial services and telecommunications sectors.

Visa Unveils Stablecoin Payouts Pilot To Allow Businesses To Pay Directly To Stablecoin Wallets

From Danni Haizal Danial Donald

SINGAPORE, Nov 12 (Bernama) -- Global leader in digital payments, Visa Inc has announced a breakthrough pilot programme allowing businesses and platforms to send stablecoin payouts directly to recipients’ stablecoin wallets.

TOURISE Catalyses US$113 Bln In Global Tourism Investments At Inaugural Summit 

KUALA LUMPUR, Nov 12 (Bernama) -- TOURISE, the global platform shaping a new horizon for tourism, announced that it has catalysed investment portfolios worth US$113 billion at its inaugural TOURISE Summit in Riyadh. (US$1=RM4.12)

9 Air To Launch Haikou-Penang Charter Flights On Nov 18

GEORGE TOWN, Nov 12 (Bernama) -- Chinese low-cost carrier 9 Air will launch a charter direct flight route between Haikou, Hainan and Penang beginning Nov 18, further strengthening air connectivity between the two destinations.

Malaysia's Property Sector Set For Major Digital Transformation

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's property sector is set for a major digital transformation as the government accelerates the rollout of trusted digital infrastructure to enhance transparency, compliance and resilience.

Bursa Malaysia Remains Lower At Midday Due To Profit-taking

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia remained easier at midday today as profit-taking continued, especially in plantation and healthcare stocks.

Bursa Malaysia Opens Higher Supported By Stronger Ringgit, Interest In Domestic Sectors

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher for the third straight day, lifted by the ringgit’s continued strength against the US dollar, which is expected to draw traders’ focus towards domestic sectors such as consumer counters.

Bursa Malaysia Extends Gains For Second Day

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia extended its upward momentum for a second consecutive day, driven by a firmer ringgit, renewed optimism across selected sectors, and growing expectations that the United States (US) government shutdown will soon be resolved.

BNM's FTFC Policy Revision To Ensure Fairer Deals For Financial Consumers 

KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.

DayOne, Amata In Deal To Build Thailand’s First 1GW Power Platform

KUALA LUMPUR, Nov 11 (Bernama) -- Singapore-headquartered DayOne Data Centers has signed a memorandum of understanding (MoU) with Amata Corporation to advance the development of Thailand’s first one-gigawatt (GW) power platform for the future development of Chonburi Tech Park Plot 2 (CTP2) and the expansion of the existing CTP1 campus.

Transport Expo Asia To Be Held Biennially With LIMA To Strengthen Transport Industry - Loke

SEPANG, Nov 11 (Bernama) -- Transport Expo Asia (TXA), to be held every two years, will serve as a platform for companies involved in various transport-related solutions to showcase their services, especially digital solutions for the industry, said Transport Minister Anthony Loke.

Maybank Facilitates RM15 Bln Financing And Investments In JS-SEZ

KUALA LUMPUR, Nov 10 (Bernama) -- Malayan Banking Bhd (Maybank) has facilitated more than RM15 billion into the Johor-Singapore Special Economic Zone (JS-SEZ), comprising RM10 billion in committed financing and up to RM5.35 billion in investment interests via letters of intent (LOIs) from clients.