1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia closed higher today, boosted by bargain hunting following yesterday’s weakness and supported by positive cues from Wall Street overnight.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Public Investment Bank Bhd (PIVB) has lowered its 2025 full-year Consumer Price Index (CPI) forecast to 2.4 per cent from 3.0 per cent previously.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia opened nearly flat, tracking Wall Street’s weaker overnight performance.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 12 (Bernama) -- Despite global market volatility, foreign investors have remained net buyers of Malaysia’s Private Debt Securities (PDS) for five consecutive months, underscoring confidence in the country’s corporate bond market.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia ended at an intraday low today weighed down by persistent selling in selected heavyweights, led by utilities, telecommunications and media, as well as financial services sectors.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off.