9m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the third straight day today, tracking gains on COMEX, as intensifying US-China trade tensions continued to drive safe-haven demand.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
9m ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
9m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.
9m ago
KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.
9m ago
By Rosemarie Khoo
KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia continued its upward trend for a second straight day today, thanks to buying in telecommunications and consumer stocks.
9m ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
9m ago
PUTRAJAYA, March 23 (Bernama) -- Consumers’ ability to repay debt from 'Buy Now, Pay Later' (BNPL) facilities is increasingly a concern, especially with the significant growth in BNPL transactions in Malaysia, thus raising concerns about the risks of high indebtedness and the importance of financial literacy.
9m ago
KUALA LUMPUR, March 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on weaker sentiment as traders believe that the United States interest rates will remain unchanged in the near term.
9m ago
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
9m ago
KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.