KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
Key Takeaways YouTube turns 20 with 2.7 billion users and is set to surpass Disney in media revenue this year. CEO Neal Mohan stresses AI tools will empower, not replace, creators . Over 30 new AI-enabled tools unveiled, from instant video edits to speech-to-song generation. YouTube has paid out US$100B to creators in the past four years. NEW YORK, Sept 17 (Reuters) — YouTube marked its 20th anniversary with a bold push into artificial intelligence, unveiling more than 30 new AI-driven tools to help creators produce, edit, and monetize content. CEO Neal Mohan emphasized that AI would not replace jobs but instead serve as a “toolbox” to empower creators , reinforcing YouTube as a “viable, respectable and sustainable career path.” AI at the Core of Growth Backed by Google’s AI expertise , YouTube is deploying features that: Auto-embed shopping links into videos. Generate first-cut ...