4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
4m ago
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
4m ago
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.00 per cent during the March 2025 monetary policy meeting is broadly expected, emphasising the current conducive policy stance to sustain economic growth.
4m 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.
4m ago
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
4m ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index stayed in negative territory at midday due to persistent selling activities in selected heavyweights, led by the financial services sector.
4m ago
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
4m ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.
4m ago
KUALA LUMPUR, March 4 (Bernama) -- The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States (US) tariff implementation, an analyst said.
4m ago
KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.