Artificial Intelligence
Fortinet Strengthens AI Security with Virtue AI Acquisition
Fortinet acquires Virtue AI to boost continuous AI security, expanding its AI-Native Security Fabric with runtime protection and validation.
Category: Business News
Stocks and Markets
Malaysia Market Focus – KLCI Eyes Gains on Tech and Merdeka Optimism
KLCI seen higher on tech momentum and Merdeka optimism, with selective buying expected amid earnings season and firmer plantation prices.
Business News
Data Centre Water Use Could Nearly Triple by 2030 Without Efficiency Gains
Global data centre water usage may rise to 644 billion litres by 2030, primarily driven by increased AI computing demands.
Business News
Emirates brings next-generation A350 experience to Kuala Lumpur
Emirates will launch Airbus A350 flights between Kuala Lumpur and Dubai from September 1, 2026.
Business News
Global Markets Cautious Ahead Of Jackson Hole Fed Signals
US equities declined amid inflation concerns and anticipation of Federal Reserve guidance, while Asian markets showed modest gains.
Automation
Zoox launches paid commercial driverless robotaxi services in Las Vegas
Zoox is a custom-built, bidirectional electric "toaster-shaped" pod with no steering wheel or pedals, featuring four inward-facing seats.
Cars
2026 Marks Proton’s Return as a Major Brand
Proton targets 200,000 sales in 2026, driven by xEV growth and new technologies showcased at GATE Expo.
Property and Construction
Matrix Concepts: Net Profit Within Expectations (MCH MK, Outperform, TP: RM1.40)
Matrix Concepts Holdings reported RM60.2m profit in FY27's first quarter, driven by improved property sales and land sales.
Analyst Report
KLK Removing the Synthomer Overhang (KLK MK, Neutral, TP: RM23.86)
Analysts maintain Neutral on KLK with a higher SOP-based TP of RM23.86. No dividend was declared for the quarter
Bursa Malaysia
FBM KLCI Likely To Remain Selective
FBM KLCI remains cautious but mildly positive, with earnings season and key technical levels likely to guide investor sentiment.
Politics
Prabowo Orders Revocation of Permits Over Forest Fires
Prabowo orders revocation of permits for firms linked to forest fires, pledges tougher enforcement and rapid response measures.
Stocks and Markets
CC International 1H26 Pre-Tax Profit Rises 20.6% to RM5.54 Million
CC International Berhad's revenue rose 11.0% to RM26.59 million, with a 20.8% PBT margin increase.
Stocks and Markets
CPE Technology Q4 Net Profit Jumps 149% to RM7.96 Million
The order book for CPE Technology as at 30 June 2026 doubled compared with 6 months earlier, supported by higher orders from existing customers…
Stocks and Markets
YTL Corporation | 4QFY26 Results Review
YTL Corporation's performance fell below expectations despite strong growth in cement and building materials.
Business News
RM728.5 Million Spent on Welfare Aid for Seniors, PwD and Chronic Patients
Government allocates RM728.5 million for seniors, PwD and chronic patients; Nancy stresses caregiver support through SPeKTRUM programme.
Business News
SC Ready to Regulate Tabung Haji Investments if Government Approves
The Securities Commission Malaysia (SC) is prepared to take on a regulatory role over Lembaga Tabung Haji’s fund management and investments if the government approves the…