Rubber Market Ends Mixed Amid Regional Downtrend
KUALA LUMPUR, Dec 19 (Bernama) -- The rubber market closed mixed on Thursday amid the downtrend in regional rubber markets, a dealer said.
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Bursa Malaysia Ends Slightly Higher Despite Weak Market Breadth
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysian equities ended the day mostly lower following a heavy sell-off on Wall Street overnight particularly in technology stocks, said an analyst.
Banking Sector Thriving In 2024, Sees Major Acquisitions
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
Bursa Malaysia Lower At Midday
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia remained lower at mid-day, tracking regional markets after Wall Street’s subdued overnight performance.
288,000 EPF Members Register To Contribute Above The Statutory 11 Pct Employee Rate - Lim
KUALA LUMPUR, Dec 18 (Bernama) -- A total of 288,000 members of the Employees Provident Fund (EPF) have registered to contribute more than the statutory rate of 11 per cent for employee contributions as of October 2024.
Bursa Malaysia Opens Lower On Wall Street's Decline
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened lower today, taking a cue from Wall Street’s overnight declines, said an analyst.
Ringgit Slips 0.4 Pct Against US Dollar, Opens Mostly Higher Against Other Basket of Currencies
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to cut the Fed Funds Rate by 25 basis points last night.
Ringgit Closes Marginally Lower Ahead Of FOMC Meeting
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today as traders adopted a cautious approach ahead of the United States Federal Open Market Committee (FOMC) meeting.
Bursa Malaysia Rebounds Amid Mixed Performances From Asian Markets
KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets.
Rubber Market Closes Lower, In Line With Regional Downtrend
KUALA LUMPUR, Dec 18 (Bernama) – The rubber market closed lower on Wednesday, following the downtrend in regional rubber futures markets, said a dealer.
Malaysia’s Non-life Insurance Sector Remains Stable Despite Climate Risks - AM Best
KUALA LUMPUR, Dec 18 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Malaysia’s non-life insurance segment, citing sustained underwriting and pricing discipline.
Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut
KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.