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FBM KLCI stays flat in absence of domestic catalysts
KUALA LUMPUR: The barometer of Malaysia's stock market barely budged at the start of Friday trading as investors came up empty in their search for fresh catalysts.
The FBM KLCI slipped a marginal 0.29 points to 1,503.87 following the…
Meta’s Instagram outage in US nearly resolved as reports drop, Downdetector shows
(Reuters) -Reports of an Instagram outage in the U.S. on Thursday evening dropped significantly, according to outage tracking website Downdetector.com, indicating that the issue has largely been resolved for many users.
As of 8:34 p.m. ET,…
Father, son die in motorcycle-pickup truck crash near Jertih
JERTIH: A man and his son were killed when their motorcycle was hit by a Toyota Hilux, on Jalan Kuala Terengganu - Kota Bharu near Kampung Padang Landak, on Thursday (March 21) night.
Besut police chief Supt Azamuddin Ahmad @ Abu said that…
CIMB: Potential earnings growth for Alliance Bank on stronger SME business
KUALA LUMPUR: Alliance Bank Malaysia Bhd will likely see an improvement in its financial health, specifically in its CET1 capital ratio, due to changes in international banking rules Basel III, said CIMB Securities Sdn Bhd.
At the same…
Sandakan flood worsens, landslide reported amid continuous heavy rain
KOTA KINABALU: Continuous heavy rain since Wednesday (March 19) has worsened flooding in Sandakan, forcing evacuations and rescue operations in several affected areas.
A group of nineteen people from three families were relocated to Masjid…
MSM plans Tg Langsat as sugar export hub, eyes new markets
KUALA LUMPUR: MSM Malaysia Holdings Bhd, the country’s leading refined sugar producer, plans to transform its Tanjung Langsat factory in Johor into an export hub within the next two to three years.
Group chief executive officer Syed Feizal…
Cautious buying on Bursa Malaysia as geopolitical concerns continue
KUALA LUMPUR: Malaysia's benchmark stock index rose on Thursday, taking its cue from Wall Street as the Federal Reserve affirmed it expected two interest rate cuts for the year.
The FBM KLCI gained 4.74 points to 1,522.30 as trading…
Tesla wants to send its humanoid robot to Mars
Elon Musk has announced plans to send a Starship rocket to Mars in 2026, carrying Tesla's Optimus humanoid robot on board. The aim is for the robot to set foot on the Red Planet several years before humans.
The SpaceX boss is not one to…
HLIB: IOI City Mall to save RM5.4mil annually with solar energy initiative
KUALA LUMPUR: IOI Properties Group Bhd will set a new standard for sustainable retail with the most solar panels in Malaysia installed in its IOI City Mall, according to Hong Leong Investment Bank Bhd (HLIB).
The firm said with 15,757…
Cycling legend Saharudin Jaffar passes away at 84
KUALA LUMPUR: Malaysia has lost another sports icon following the passing of national cycling legend Saharudin Jaffar, who breathed his last at the age of 84 Tuesday afternoon.
The late athlete’s eldest son, Suhaimi Saharudin, 55,…