Latest news with #RM330
The Sun
2 days ago
- Business
- The Sun
Bursa Malaysia opens higher, tracks positive Wall Street performance
KUALA LUMPUR: Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.28 of a point to 1,519.26 from Thursday's close of 1,518.98. The benchmark index opened 2.24 points higher at 1,521.22. In the broader market, decliners beat gainers 223 to 112, while 243 counters were unchanged, 1,816 untraded and 86 suspended. Turnover stood at 181.05 million units worth RM112.83 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said market sentiment remains uncertain following US President Donald Trump's success in reinstating tariffs through a US appeals court ruling, which may eventually be taken to the Supreme Court to halt the original federal court decision. 'Amid the ongoing tariff uncertainty, the US 10-year Treasury yield eased to 4.426 per cent,' he told Bernama. Thong noted that foreign outflows have exceeded RM330 million this week alone and continue to rise. 'Though fundamentals remain intact, we suspect the recent sell-off may again be due to a flight of funds back to the Hong Kong market 'For today, we expect bargain hunting activities to emerge if and when the index eases closer to the 1,500 mark, thus anticipate it to trend between the 1,510-1,525 range,' he added. Among heavyweights, Maybank and CIMB were flat at RM9.87 and RM6.88 respectively, while Public Bank gained two sen to RM4.33. Tenaga shed four sen to RM14.04, and IHH Healthcare dropped eight sen to RM6.83. In active trade, Velesto, SM Track and TA Win were flat at 18.5 sen, one sen and two sen, respectively. Nationgate went up nine sen to RM1.53, while Dagang Nexchange inched down half-a-sen to 29 sen. On the index board, the FBM Emas Index trimmed 17.49 points to 11,364.84, the FBMT 100 Index fell 17.26 points to 11,124.76, and the FBM ACE Index decreased 10.02 points to 4,582.14. The FBM Emas Shariah Index lost 33.19 points to 11,332.64, while the FBM 70 Index sank 101.64 points to 16,230.66. By sector, the Financial Services Index added 26.67 points to 17,921.24, the Industrial Products and Services Index edged up 0.04 of a point to 153.06, the Energy Index eased 0.53 of a point to 707.65, while the Plantation Index shaved 1.41 points to 7,292.54.
The Sun
2 days ago
- Business
- The Sun
Bursa Malaysia opens higher amid Wall Street rebound
KUALA LUMPUR: Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst. At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.28 of a point to 1,519.26 from Thursday's close of 1,518.98. The benchmark index opened 2.24 points higher at 1,521.22. In the broader market, decliners beat gainers 223 to 112, while 243 counters were unchanged, 1,816 untraded and 86 suspended. Turnover stood at 181.05 million units worth RM112.83 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said market sentiment remains uncertain following US President Donald Trump's success in reinstating tariffs through a US appeals court ruling, which may eventually be taken to the Supreme Court to halt the original federal court decision. 'Amid the ongoing tariff uncertainty, the US 10-year Treasury yield eased to 4.426 per cent,' he told Bernama. Thong noted that foreign outflows have exceeded RM330 million this week alone and continue to rise. 'Though fundamentals remain intact, we suspect the recent sell-off may again be due to a flight of funds back to the Hong Kong market 'For today, we expect bargain hunting activities to emerge if and when the index eases closer to the 1,500 mark, thus anticipate it to trend between the 1,510-1,525 range,' he added. Among heavyweights, Maybank and CIMB were flat at RM9.87 and RM6.88 respectively, while Public Bank gained two sen to RM4.33. Tenaga shed four sen to RM14.04, and IHH Healthcare dropped eight sen to RM6.83. In active trade, Velesto, SM Track and TA Win were flat at 18.5 sen, one sen and two sen, respectively. Nationgate went up nine sen to RM1.53, while Dagang Nexchange inched down half-a-sen to 29 sen. On the index board, the FBM Emas Index trimmed 17.49 points to 11,364.84, the FBMT 100 Index fell 17.26 points to 11,124.76, and the FBM ACE Index decreased 10.02 points to 4,582.14. The FBM Emas Shariah Index lost 33.19 points to 11,332.64, while the FBM 70 Index sank 101.64 points to 16,230.66. By sector, the Financial Services Index added 26.67 points to 17,921.24, the Industrial Products and Services Index edged up 0.04 of a point to 153.06, the Energy Index eased 0.53 of a point to 707.65, while the Plantation Index shaved 1.41 points to 7,292.54.
New Straits Times
2 days ago
- Business
- New Straits Times
Bursa Malaysia opens higher, tracks positive Wall Street performance
KUALA LUMPUR: Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.28 of a point to 1,519.26 from Thursday's close of 1,518.98. The benchmark index opened 2.24 points higher at 1,521.22. In the broader market, decliners beat gainers 223 to 112, while 243 counters were unchanged, 1,816 untraded and 86 suspended. Turnover stood at 181.05 million units worth RM112.83 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said market sentiment remains uncertain following US President Donald Trump's success in reinstating tariffs through a US appeals court ruling, which may eventually be taken to the Supreme Court to halt the original federal court decision. "Amid the ongoing tariff uncertainty, the US 10-year Treasury yield eased to 4.426 per cent," he told Bernama. Thong noted that foreign outflows have exceeded RM330 million this week alone and continue to rise. "Though fundamentals remain intact, we suspect the recent sell-off may again be due to a flight of funds back to the Hong Kong market "For today, we expect bargain hunting activities to emerge if and when the index eases closer to the 1,500 mark, thus anticipate it to trend between the 1,510-1,525 range," he added. Among heavyweights, Maybank and CIMB were flat at RM9.87 and RM6.88 respectively, while Public Bank gained two sen to RM4.33. Tenaga shed four sen to RM14.04, and IHH Healthcare dropped eight sen to RM6.83. In active trade, Velesto, SM Track and TA Win were flat at 18.5 sen, one sen and two sen, respectively. Nationgate went up nine sen to RM1.53, while Dagang Nexchange inched down half-a-sen to 29 sen. On the index board, the FBM Emas Index trimmed 17.49 points to 11,364.84, the FBMT 100 Index fell 17.26 points to 11,124.76, and the FBM ACE Index decreased 10.02 points to 4,582.14. The FBM Emas Shariah Index lost 33.19 points to 11,332.64, while the FBM 70 Index sank 101.64 points to 16,230.66. By sector, the Financial Services Index added 26.67 points to 17,921.24, the Industrial Products and Services Index edged up 0.04 of a point to 153.06, the Energy Index eased 0.53 of a point to 707.65, while the Plantation Index shaved 1.41 points to 7,292.54.
The Star
6 days ago
- Business
- The Star
Singapore's Home Team humanoid robots to be deployed by mid-2027, RM330mil to be invested, says information minister
SINGAPORE (The Straits Times/ANN): Singapore's Home Team officers will work together with their robot counterparts when the latter are deployed as soon as by mid-2027. The humanoid robots will perform high-risk tasks such as firefighting, hazardous materials (hazmat) operations, and search-and-rescue missions. Initially, the robots will be controlled remotely by human operators, but are expected to be powered by artificial intelligence (AI) and deployed autonomously from 2029. During autonomous deployment, AI will allow the machines to respond to different scenarios, with humans supervising and intervening only when necessary. On May 26, four of these robots, which are being developed by the Home Team Science and Technology Agency (HTX), were showcased at the opening of the AI TechXplore exhibition. The two-day science and technology exhibition, held at Fusionopolis One, highlights HTX's efforts to leverage AI to enhance Home Team operations. The exhibition was held alongside the HTX career fair, Careers@HTX. Three of the robots on display are about 1.7m tall, while the fourth is half a metre shorter. HTX engineers built an exo-suit for operators to wear to control the smaller robot. Information from the exo-suit is transmitted to the robot, allowing it to replicate the operator's movements in real time. The operator also wears a virtual reality headset that allows him or her 'to see' through the robot's cameras to perform various tasks. The event also saw the launch of Phoenix, HTX's large language model (LLM) that was trained in-house and is familiar with the Singaporean and Home Team context, conversant in all four official languages in Singapore. Phoenix will be the brain of the Home Team's AI capabilities. Speaking at the event, Minister for Digital Development and Information Josephine Teo said S$100m (RM330 million) will be invested into the new Home Team Humanoid Robotics Centre (H2RC), which will be dedicated to developing humanoid robots intended for public safety. It is the first such facility in the world, and is slated to become operational by mid-2026. It will feature zones for data collection, AI model training and robotics development, and will house high-performance computing resources. Teo said: 'Criminals are exploiting technology in ways never before imagined. As a result, law enforcement agencies, too, must understand how the technologies are being misused. 'But that on its own is not going to be enough. We must also have the capabilities to use the technology to fight crime, to do better for our people.' The minister added that H2RC will push the frontiers of AI. She said: 'This initiative marks a fundamental shift in the development of robotics capabilities in the Home Team – from today's pre-programmed systems to tomorrow's Gen AI-powered intelligent platforms that can move, think, and act autonomously to protect and save lives.' Ang Chee Wee, chief AI officer and assistant chief executive (digital and enterprise) at HTX, said the facility is a significant step forward for HTX's AI strategy, as advances in robotics open up new possibilities for front-line support. He said: 'By putting humanoid robots in realistic environments, we can evaluate how AI can complement our officers, enhance safety, and support the long-term operational needs of the Home Team.' The Home Team has used multiple robots over the years, with one of the earliest iterations of a patrol robot being used at large-scale events in 2018. The pace of development and deployment quickened after the formation of HTX in end-2019, which helped develop the Rover-X robotic dog and the more recent cyborg cockroaches sent to Myanmar to assist in search-and-rescue efforts. Drones are now also a common sight at large public events such as the recent political rallies, and help with both crowd control and other police operations. The advent of humanoid robots looks set to further shape the security scene in Singapore, with security provider Certis announcing on May 19 that it, too, has received its first humanoid robot. Dr Daniel Teo, director of the Robotics, Automation and Unmanned Systems Centre of Expertise at HTX, said he was looking forward to further harnessing the potential of robots for the Home Team. He said: 'Public safety operations require robotic systems that are adaptable and resilient. These AI-driven robots have a huge potential to enhance the safety and effectiveness of front-line officers.' - The Straits Times/ANN
The Star
03-05-2025
- Business
- The Star
Factory worker scammed of RM330,000 in fake deal
BATU PAHAT: A factory worker lost RM330,400 to a non-existent investment scheme. Batu Pahat OCPD Asst Comm Shahrulanuar Mushaddat Abdullah Sani said the 57-year-old victim was first approached in January via a WhatsApp message promoting an investment opportunity. After contacting the number provided, he was introduced to the so-called Hong Kong Share Investment scheme. Lured by the promise of lucrative returns, the victim made several transactions totalling RM330,400 to two bank accounts between Feb 19 and March 18. 'The victim only realised he had been duped when he failed to receive the returns as promised,' said ACP Shahrulanuar. He urged people to exercise caution when considering investment schemes, particularly those involving strangers. He advised the public to verify any investment-related information through Semak Mule, the Scam Response Centre of the Commercial Crime Investigation Department, by calling 03-2610 1559 or 03-2610 1599, or on Facebook via @jsjkpdrm and @cybercrimealertrmp.
