Kossan Shares Rise In Early Trade Despite Weaker 3Q Results

KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Rubber Market To Trade On Positive Mode Next Week On EUDR Delay

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the rubber market to trade positively next week, following the delay in the implementation of the European Union Deforestation Regulation (EUDR).

Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Hong Kong Opens Doors For Malaysian Businesses To Tap Into GBA

By Karina Imran

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysian companies are highly encouraged to leverage Hong Kong's strategic position as a gateway to establish and expand their presence in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Bursa Malaysia Opens Lower, Tracking Weaker Wall Street Performance

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.

Any Form Of Protectionism Will Affect Trade And Investment - PM Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that any form of protectionism will affect countries in terms of trade and investment.

Bursa Malaysia Ends Marginally Lower On Last-minute Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.

Ringgit Gains Marginally As US Dollar Eases After Election Rally

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, lifted by a brief easing in the dollar's strength after an election-driven surge, analysts said.

Trump 2.0 Can Boost Malaysia-US Economic, Security Relations: Analysts

By Nabilah Saleh

KUALA LUMPUR, Nov 11 (Bernama) -- Donald Trump's victory in the US presidential election is seen as potentially strengthening US’ relations with Malaysia, especially in economic and security aspects.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.