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Gold Futures Rebound After Two-Day Slide Ahead Of FOMC Meeting Minutes

KUALA LUMPUR, May 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher, rebounding after two consecutive days of losses ahead of the release of the US Federal Reserve’s Federal Open Market Commitee (FOMC) meeting minutes on Wednesday.

RHB Bank's 1Q Profit Rises To RM750.03 Mln

KUALA LUMPUR, May 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM750.03 million for the first quarter ended March 31, 2025 (1Q 2025) compared with RM730.17 million in the same period last year.

Bursa Malaysia Opens Easier On Lack Of Market-Moving News

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia traded easier during early morning trade, dampened by a lack of market-moving news as traders awaited more clarity from the Trump administration on tariffs, analysts said.

Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

RON95 Subsidy Rationalisation To Be Implemented In Second Half Of 2025 -- Amir Hamzah 

KUALA LUMPUR, May 26 -- The rationalisation of RON95 fuel subsidies will be implemented in the second half of 2025, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.

ASEAN Economic Ministers Convene With 11 Key Agendas, Call for Deeper Cooperation - Tengku Zafrul

By Anas Abu Hassan

KUALA LUMPUR, May 25 (Bernama) -- The 25th ASEAN Economic Community Council (AECC) meeting convened today on the sidelines of the 46th ASEAN Summit with 11 agendas up for discussion among the bloc’s state representatives, with talks focused on deeper cooperation. 

PM Anwar's Russia Trip Seen As Gateway To Central Asian Halal Market

By Lucia Terey John

KUALA LUMPUR, May 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent official visit to Russia is not only a strategic move to strengthen bilateral relations, but also a “gateway” for Malaysia to explore the halal industry in the European and Central Asian regions, according to an analyst.

ASEAN Urged To Unite On US Tariff Response – Economist

KUALA LUMPUR, May 22 (Bernama) -- The ASEAN bloc should adopt a unified stance when negotiating retaliatory tariffs imposed by the United States (US) to ensure equitable benefits for all member states, said Putra Business School (PBS) MBA Programme Director Associate Professor Dr Ahmed Razman Abdul Latiff.

Malaysia To Lead Regional Grid Integration Starting With Vietnam-Singapore Link — Anwar

PUTRAJAYA, May 21 (Bernama) -- Malaysia will spearhead the first phase of an ambitious regional power grid integration plan, beginning with an economically viable connection between Vietnam, northern Malaysia and Singapore, said Prime Minister Datuk Seri Anwar Ibrahim.

RHB Bank Cautious About Malaysia’s Export Outlook Despite April Surge

KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.

Anwar Positions Malaysia, ASEAN As Leading Voices Of Global South

KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.