KUALA LUMPUR, Jan 23 — Bursa Malaysia opened slightly lower on Thursday dragged down by selling in the heavyweights, particularly Public Bank and Tenaga Nasional. At 9.10 am,...
At 9.10am, the FTSE Bursa Malaysia KLCI slid 4.19 points to 1,583.61 from yesterday’s close of 1,587.80. — Reuters picas a first-time user . Exclusively for Malay Mail readers: Use codeKUALA LUMPUR, Jan 23 — Bursa Malaysia opened slightly lower on Thursday dragged down by selling in the heavyweights, particularly Public Bank and Tenaga Nasional.
Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said Wall Street had closed higher yesterday with the S&P 500 hitting an all-time high as tech stocks led the way underpinned by President Donald Trump’s latest initiatives on artificial intelligence and the impending corporate tax cuts.
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Malaysia Airlines Grounds A330neo on Kuala Lumpur-Melbourne RouteMalaysia Airlines has temporarily grounded its newly delivered Airbus A330neo aircraft on the Kuala Lumpur to Melbourne route due to technical issues. The airline plans to resume the 6x weekly service once the aircraft is operational.
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Malaysia Open to Reviving Kuala Lumpur-Singapore HSR with Private Sector InvolvementThe Malaysian government is willing to restart the Kuala Lumpur-Singapore High Speed Rail (HSR) project but only with full private sector participation. Prime Minister Anwar Ibrahim stated that the government is awaiting positive offers from the private sector and prioritized issues like poverty eradication, flood mitigation, basic infrastructure, education, and public health. While the government received proposals for the project, which are currently under review by the Ministry of Transport, Anwar emphasized that HSR will only proceed with minimal government involvement. Singaporean Prime Minister Lawrence Wong expressed openness to new proposals from Malaysia, emphasizing the continuous benefits of strengthening bilateral relations.
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Malaysia Revives Kuala Lumpur-Singapore HSR Hopes with Private Sector FocusMalaysian Prime Minister Anwar Ibrahim suggests the Kuala Lumpur-Singapore High Speed Rail (HSR) project can be revived, but only with full private sector involvement and minimal government expenditure. Anwar prioritizes pressing issues like flood mitigation, education, and healthcare, delaying major projects until these are addressed. Singapore, meanwhile, expresses openness to reviewing new proposals from Malaysia should the HSR be revived.
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