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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, recovering after a significant sell-off earlier in the week as easing tensions between the United States and China reduced geopolitical risks.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.
KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”
From Nor Baizura Basri
GYEONGJU (South Korea), Oct 29 (Bernama) – As Prime Minister Datuk Seri Anwar Ibrahim travels to South Korea for the APEC Summit, he can take pride that it was Malaysia that offered a “neutral” venue for the United States (US) and China to reach a framework agreement and avert a trade war between the economic superpowers.
KUALA LUMPUR, Oct 28 (Bernama) -- The US-ASEAN Business Council (USABC), in partnership with the ASEAN Committee on Science, Technology and Innovation (COSTI), recently hosted the USABC Innovation Showcase on the sidelines of the 88th COSTI Meeting in Bangkok, Thailand.
KUALA LUMPUR, Oct 28 (Bernama) -- Export Finance Australia (EFA) and Export-Import Bank of Malaysia Bhd (EXIM Bank Malaysia) have signed a memorandum of understanding (MoU) to deepen cooperation and unlock new opportunities for investment across Southeast Asia.
KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning trading session lower on profit-taking in utilities, industrial and consumer products sectors, after yesterday’s gains.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- US President Donald Trump’s visit to Malaysia during the ASEAN Summit and the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States (US) on Sunday has the potential to lift Malaysia's gross domestic product (GDP) growth by 0.5 to 0.7 percentage points each year through to 2030, an analyst said.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit continued to open higher against the US dollar on Tuesday, buoyed by recent US-Malaysia trade deals that have increased appetite for the local currency, an analyst said.
By Nurul Hanis Izmir
PUTRAJAYA, Oct 27 (Bernama) -- Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Monday as another round of profit-taking hit the market, with signs of easing US-China trade tensions reducing safe-haven demand.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, tracking regional gains, as investor sentiment was lifted by optimism over a potential United States (US)–China trade deal and positive vibes from the ongoing ASEAN meeting, which boosted confidence in regional economic cooperation.
