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Ringgit Ends Easier Vs USD

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.

Bursa Malaysia Ends Lower On Heavy Selling In Tech, Utility Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.

BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD

KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.

Malaysia's Trade Deals To Boost ASEAN Investment, Says Analyst

KUALA LUMPUR, Jan 11 (Bernama) -- Malaysia's participation in multiple unilateral trade agreements could attract more investors to the country and benefit other ASEAN nations, an economic analyst said.

Bursa Set For Modest Gains Next Week On Bargain-hunting, Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.

Bullish Bias Predicted For CPO Futures Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng. 

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

EPF Introduces Faster Access, Monthly Activation For Simpanan Shariah

KUALA LUMPUR, Jan 10 (Bernama) -- The Employees Provident Fund (EPF) has introduced two key features for its Simpanan Shariah that will provide faster access and flexibility for members effective April 1,  2025.

Maybank IB: Malaysian Consumer Sector Poised For Strong Year In 2025

KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.

Ringgit Slightly Up Against US Dollar In Early Trade

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst. 

CPO Futures Weighed Down By Palm Olein, Soybean Oil Losses

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to close lower on Thursday, weighed down by massive losses in palm olein futures contracts on the Dalian Commodity Exchange (DCE) and soybean oil contracts, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Dialog Secures US$235 Mln Investment Approval For Baram Junior Cluster PSC

KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).