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Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

Singapore Economy Grows 4.3 Pct In 4q 2024 – MTI

SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).

CPO Futures Close Lower Due To Profit Taking From Recent Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, reversing earlier gains as traders booked profit amid the recent price rally, said a dealer.

Ringgit To Exhibit Softness In Thin Trading Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.

CPO Futures Close Lower Amid Concerns Over Weaker Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday following concerns over weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.

CPO Futures End Mixed Amid Higher Vegetable Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to close mixed, following a volatile trading session, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Ringgit Ends Marginally Lower Against Greenback Amid Upbeat US Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.

CPO Futures End Lower Due To Profit-Taking After Recent Rally

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower due to profit-taking activities after the recent rally in the past few days. 

Bursa Malaysia Lower At Midday On Profit-taking Activities

KUALA LUMPUR, Dec 6 (Bernama) -- Bursa Malaysia ended easier at midday on continued profit-taking activities in heavyweight stocks, led by the industrial products and services as well as financial services sectors.

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit advanced against the US dollar in early trade on Friday ahead of the US non-farm payrolls (NFP) data that will be released later today, said an analyst.  

CPO Futures End Higher Due To Concerns Over Weaker Production

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher due to concerns over weaker production caused by recent floods in Malaysia.

MIDF Optimistic On Malaysia's Trade Outlook Due To Export Demand

KUALA LUMPUR, Dec 3 (Bernama) -- MIDF Amanah Investment Bank Bhd remains optimistic about Malaysia’s trade outlook and the manufacturing sector’s growth prospects, given the improved export demand.