1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The World Economic Forum (WEF) expects more focus on tariffs and industry policies during the second term of Donald Trump’s presidency.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, driven by a weaker US dollar, as traders remained cautious about President-elect Donald Trump's tariff plans and awaited US jobs data to assess the Federal Reserve's interest rate trajectory.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 7 (Bernama) -- The local rubber market continued to close lower on Tuesday, influenced by the downtrend in regional rubber futures markets and losses in benchmark crude oil prices, said a dealer.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit rebounded from recent losses to close higher against the US dollar on Tuesday.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- The local rubber market closed lower on Monday following a downtrend in regional rubber futures markets and weaker benchmark crude oil prices, said a dealer.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Trading of gold futures contracts on Bursa Malaysia Derivatives is likely to oscillate between US$2,640 and US$2,700 per troy ounce next week, said an analyst.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.