1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened lower on Thursday amid mixed regional sentiment, as diminishing effects of China's recent monetary policy shifted investors' focus to potential fiscal stimulus measures, according to an analyst.
1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- EBC Financial Group (EBC) has been awarded the “Best Trading Experience” Award recently at the BrokersView Award Ceremony in Vietnam, once again solidifying its position as a world-class leader in the financial industry specialising in forex, contract for differences (CFDs), and stocks.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst.
1y ago
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.
1y ago
KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.