1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia is expected to trade with caution within the 1,630-1,650 range next week with the tabling of Budget 2025 on Oct 18, said an analyst.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be less bullish next week, but will still be supported amid ongoing geopolitical tensions, an analyst said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- The just-concluded three-day Enlit Asia 2024 has called on ASEAN to unite, embrace digitalisation and drive innovation to accelerate the region’s energy transition agenda.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.
1y ago
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.