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.
New Zealand has revamped its Active Investor Plus visa, removing key barriers to attract foreign capital. Early signs suggest strong interest from the US, Europe, and Asia—positioning the country as a rare safe haven in a fragmented global landscape. Policy Shift: A Strategic Reset New Zealand is reopening its doors to affluent investors with a redesigned Active Investor Plus visa , aimed at: Reviving foreign direct investment post-recession. Funding infrastructure and growth initiatives . Enhancing the country’s appeal as a geopolitical safe haven . Key updates to the visa: English-language requirement removed . Minimum stay period reduced . Investment categories streamlined . Minimum thresholds lowered . Two investment tracks are now available: Growth Path : NZ$5 million in high-risk assets; 21-day stay over 3 years. Balanced Path : NZ$10 million in diversified assets; 105-day stay over 5 years (reducible with higher investment). Investor Response: Global Interest Rising I...