18h ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.
18h ago
By Nurul Hanis Izmir
PUTRAJAYA, July 6 (Bernama) -- As Malaysia enters the second half of 2025, the government’s fiscal recalibration through an expanded Sales and Service Tax (SST) and revised electricity tariffs mark a strategic move to strengthen national finances while prioritising the welfare of the rakyat.
2d ago
KUALA LUMPUR, July 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its Monetary Policy Committee meeting on July 9, with the balance of risks tilted towards one cut, said RHB Investment Bank (RHB IB).
2d ago
KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia ended the morning session mixed as mild profit-taking in selected consumer products and services counters reversed some of the earlier gains, an analyst said.
2d ago
KUALA LUMPUR, July 4 (Bernama) -- The ringgit opened marginally higher against the US dollar amidst improving United States (US) economic data, which supported the greenback, said an analyst.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed firmer today, supported by growing market confidence over potential interest rate cuts by the US Federal Reserve.
3d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.
4d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.
4d ago
From Arul Rajoo Durar Raj
ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.
4d ago
By Zarul Effendi Razali
KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.
5d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher today, supported by growing expectations of interest rate cut by the United States (US) Federal Reserve (Fed), said SPI Asset Management managing partner Stephen Innes.
5d ago
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, supported by continued buying in selected heavyweights amid optimism over the economic outlook, an analyst said.