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Market Daily Report: Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.

Apple’s Big AI Reset: Siri to Become a Full Chatbot to Take On OpenAI and Google

Apple Inc.  is preparing a major overhaul of  Siri , transforming it into the company’s first true  AI chatbot  as it races to catch up with rivals like  OpenAI  and  Google , according to Bloomberg. The revamped Siri, internally code-named  Campos , will be deeply embedded across  iPhone, iPad and Mac  operating systems. Unlike today’s voice assistant, the new Siri will support  natural, chat-style conversations , allowing users to ask follow-up questions, type requests, and complete more complex tasks — similar to ChatGPT or  Google Gemini . This marks a strategic pivot for Apple, which has historically resisted standalone chatbots in favour of weaving AI quietly into features. However, after a  rocky rollout of Apple Intelligence in 2024  and growing competitive pressure, the company is now embracing conversational AI more directly. The chatbot is expected to be  previewed at WWDC in June  and  relea...

Tencent’s AI Chatbot Surpasses DeepSeek as China’s Most Popular iPhone App

Key Developments: Tencent’s Yuanbao AI chatbot surpasses DeepSeek  as the  most downloaded free iPhone app in China . AI race heats up  as  three of the top five most popular apps  in China are now AI chatbots. Tencent integrates DeepSeek’s R1 model  into multiple platforms, including  WeChat search and gaming AI assistants . Alibaba ramps up AI investment , committing  US$53 billion  to compete with Tencent and DeepSeek. Monetization remains unclear , as AI chatbots are currently free and widely available in  open-source models . Tencent’s Yuanbao AI Overtakes DeepSeek Tencent Holdings Ltd.  has officially overtaken  DeepSeek  in China's rapidly expanding AI chatbot market, with its  Yuanbao AI chatbot  now the  most downloaded iPhone app  in the country. Tencent’s  strategic AI integration —embedding  Hunyuan AI tech  and DeepSeek’s  R1 reasoning model  into multiple platforms...