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UNCERTAINTY will continue to be the order of the day in the stock market from now until at least November ahead of key events such as the US presidential elections, and closer to home, the tabling of Budget 2021 and the Sabah polls
KUALA LUMPUR: Malaysia is keeping pace with Southeast Asia’s digital transformation by recording the highest percentage of digital consumers with 83 per cent of its population (aged 15 years and above), based on a study titled "Digital Consumers of Tomorrow, Here Today” conducted by Facebook and Bain & Company.
JAKARTA: Indonesian stocks plunged 5% on Thursday, prompting an automatic pause in trading, and the central bank intervened to steady the rupiah after the authorities reimposed restrictions in the capital Jakarta to stem rising COVID-19 cases.
KUALA LUMPUR: Bursa Malaysia closed lower on Wednesday as the Wall Street tech sell-off contagion effect spread to key Asian markets.
BEIJING/SHANGHAI: Chinese tech giant Baidu is in talks with investors to raise up to $2 billion over three years for a biotech startup, which will use AI technology to discover new drugs and diagnose diseases, a person with direct knowledge of the matter said.
KUALA LUMPUR: Investors in all Asian markets suffered losses as the overnight fall on Wall Street battered sentiment including Bursa Malaysia where the FBM KLCI fell below the key 1,500 level.
KUALA LUMPUR: CGS-CIMB Equities Research reiterates its positive view on Top Glove expects higher average selling prices (ASP), particularly for nitrile gloves at +20% month-on-month (MoM) in September and October and another +10% in November due to strong demand for gloves.
KUALA LUMPUR: While 5G is still to be commercially rolled out, users can start experiencing the new-age wireless standard first-hand at Berjaya Times Square, the home of U Mobile Sdn Bhd.
KUALA LUMPUR: Bank Islam Malaysia Bhd is targeting to extend RM1 billion in financing to healthcare professionals in the year ahead through collaborations with six healthcare associations.