1m ago
By Mikhail Raj Abdullah
KUALA LUMPUR, Nov 16 (Bernama) -- Thousands of jobs in Malaysia will probably be saved by the Agreement on Reciprocal Trade (ART) signed between Malaysia and the United States.
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 15 (Bernama) -- The rubber market is expected to trade higher next week due to the onset of the Northeast Monsoon season, said industry expert Denis Low.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade on a firmer footing next week, with traders eyeing a rebound within the US$4,160 to US$4,210 per troy ounce range.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia is expected to move sideways next week as investors await a new round of global policy developments and economic data.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co Ltd (Fubon Vietnam), with all credit ratings (ratings) carrying a stable outlook.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia gave up yesterday’s gains to close lower on Friday, tracking regional weakness following Wall Street’s downturn as global equities slipped on renewed worries over stretched technology valuations and uncertainty surrounding the US Federal Reserve’s policy outlook.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia’s current account position is set to improve with tailwinds strengthening through 2025-2026 and a higher projected surplus of 1.8 per cent of gross domestic product (GDP) versus 1.4 per cent previously.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- Tropicana Corporation Bhd has issued sukuk wakalah amounting to RM300 million in nominal value under its Islamic medium-term notes (IMTN) programme.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The current overnight policy rate (OPR) of 2.75 per cent remains supportive and appropriate given Malaysia’s economic conditions and stable inflation environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.