7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 4 (Bernama) -- The ringgit eased against the greenback at the close on Wednesday after the United States posted stronger economic data.
7m ago
KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.
7m ago
KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
7m ago
KUALA LUMPUR, May 29 (Bernama) -- Padini Holdings Bhd’s net profit improved to RM71.97 million in the third quarter ended March 31, 2025 (3Q FY2025) from RM40.52 million a year earlier, driven by an improvement in the gross profit margin.
7m ago
KUALA LUMPUR, May 25 (Bernama) -- Malaysia could lose up to four per cent of the export value of its solar panels if the United States (US) proceeds with its proposed tariffs on solar panel product imports, according to industry observers.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.
7m ago
KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.
7m ago
KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia ended the morning session lower today on mild profit-taking in selected heavyweights, amid mixed sentiment in the regional markets as investors remained cautious over the global economic outlook, a dealer said.