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OCBC Bank awarded highest-level green data centre certification from Green Climate Initiative
The bank is also the first to receive the recognition at Megawatt level
OCBC Bank (Malaysia) Berhad received the highest-level – Titanium+ – green data centre certification from Green Climate Initiative (GCI) for the sustainable operation…
Bursa Malaysia falls in tandem with US sell-off
KUALA LUMPUR: Bursa Malaysia pulled back following a sharp sell-off on Wall Street overnight amid diminishing hopes of a cut to the US lending rate in June.
After three consecutive sessions of gains, the benchmark FBM KLCI dipped 0.7…
Ringgit extends gain to open higher on continued buying support
KUALA LUMPUR: The ringgit continued its upward momentum to open higher on Friday against the US dollar on continued buying support for the local currency.
At 9 am, the ringgit rose to 4.7310/7360 against the greenback from Thursday’s close…
FBM KLCI rises on optimism over Fed projections
KUALA LUMPUR: Malaysian equities prices took a running start after US stock indices broke records overnight, as investors rode a wave of enthusiasm over the US Federal Reserve's latest guidance.
All three major US stock indices reached new…
Investors take cautious approach as US rate decision looms
KUALA LUMPUR: Malaysian stocks were flattish at Wednesday's open as investors digested recent announcements by global central banks, with a highly anticipated rate decision by the US Federal Reserve yet to come.
At 9am, the FBM KLCI eked…
Harga minyak sawit mentah tertinggi dalam tempoh 12 bulan
KUALA LUMPUR: Harga minyak sawit mentah (MSM) melonjak ke paras tertinggi dalam tempoh 12 bulan pada 15 Mac lalu, hampir 10 peratus melebihi harga penutup pada Februari.
Majlis Minyak Sawit Malaysia (MPOC) dalam satu kenyataan berkata,…
EPF commits RM250mil to Malaysian mid-to-growth stage companies
KUALA LUMPUR: The Employees Provident Fund (EPF) has committed RM250mil in investments in mid-to-growth stage Malaysian companies via its partnership with pan-Asian venture capital firm Gobi Partners.
In a statement, the pension fund said…
FBM KLCI erases previous day’s gains
KUALA LUMPUR: Bursa Malaysia succumbed to profit-taking pressure on Wednesday despite the positive report on the health of the US economy, which is lending an upward boost to global equities prices.
Nevertheless, Apex Securities Research…
Ringgit firmer versus US dollar in early trade
KUALA LUMPUR: The ringgit strengthened against the US dollar in early trade today as investors took a breather ahead of the release of the US Consumer Price Index (CPI) data later today, an analyst said.
At 9 am, the local unit edged up to…
Malaysia’s palm oil stocks fall to 7-month low
KUALA LUMPUR: Malaysia's palm oil stocks at the end of February fell 5% from the previous month to 1.92 million metric tons, their lowest in seven months, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Monday.…