8m ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the overnight policy rate (OPR) to remain at 3 per cent for the rest of the year, as this level aligns with current assessments of economic growth and inflation.
8m ago
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.
8m ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
8m ago
GEORGE TOWN, May 7 (Bernama) -- Digital Penang Sdn Bhd and Sisters Inspire Sdn Bhd's fintech solutions provider unit, FinHero, have signed a memorandum of understanding (MoU) to expand access to financing for Penang’s micro, small and medium-sized enterprises (MSMEs).
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday, reversing earlier gains as concerns over rising output and high domestic stock levels weighed on market sentiment.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by weaker soybean oil prices on the Chicago Board of Trade (CBOT) and concerns over rising production in the coming weeks, said palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 29 (Bernama) -- Fraser & Neave Holdings Bhd (F&N) is set to commence operations at its refurbished Butterworth plant to ease production capacity constraints currently faced at its Shah Alam and Bentong facilities.
8m ago
KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).
8m ago
KUALA LUMPUR, April 24 (Bernama) -- The timeline for completion of the Aerotrain project at KL International Airport (KLIA) is completely unrelated to the recent privatisation of Malaysia Airports Holdings Bhd (MAHB), said its chairman Dr Nungsari Ahmad Radhi.
8m ago
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian construction sector is largely insulated from the direct impact of Liberation Day, which brought tariffs to over 180 trading partners, with reciprocal rates ranging between 10 and 49 per cent across ASEAN.