1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today following the release of limited US economic data, with the upside shock immediately pushing December Federal Reserve (Fed) rate-cut odds down from around 50 per cent to roughly 30 per cent.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.
1m ago
KUALA LUMPUR, Nov 20 (Bernama) -- Crude palm oil (CPO) prices are expected to find strong support at RM4,100 to RM4,200 per tonne in December 2025 and could trend higher towards RM4,500 per tonne, according to the Malaysian Palm Oil Council (MPOC).
1m ago
KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as investors expect upcoming US economic data to push the Federal Reserve (Fed) toward a more dovish stance in December, said SPI Asset Management managing partner Stephen Innes.
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- OCBC expects a 25 basis point (bp) rate cut from Bank Negara Malaysia (BNM) next year, likely in the second quarter of 2026 (2Q 2026).
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- The recent strengthening of the ringgit versus the US dollar reflects Malaysia’s underlying economic fundamentals and rising investor confidence in the country, said Sunway University economics professor Dr Yeah Kim Leng.
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- The development of the rare earth element (REE) industry will go through a strict engagement process at the federal and state government levels to ensure that the REE value chain is developed domestically.
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- ASEAN cross-border Quick Response (QR) payment has surged, reaching 12.9 million transactions in the first half of 2025, said Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour.
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid investors’ cautious sentiment about the US Federal Reserve (Fed) interest rate next month, an analyst said.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid broad risk-off sentiment after investors reacted to a reduced chance of a December Fed rate cut, which now stands at around 40 per cent.
1m ago
KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim emphasised that the United States-Malaysia Agreement on Reciprocal Trade (ART) does not prevent Malaysia from negotiating or trading with other countries, including China.