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There are 539 news based on search keyword " wealth"

Bursa Malaysia Erases Early Gains To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.

Ringgit Opens Higher Against US Dollar Amid Tariff Policy Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 3 (Bernama) -- The ringgit rebounded to open higher against the US dollar on Tuesday, as markets assessed the outlook for US President Donald Trump's tariff policy, an analyst said.

Bursa Malaysia Likely To See Volatile Trading Next Week Pending Key Market Developments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 31 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within a volatile range of 1,500 to 1,530 next week, pending the emergence of new market-moving developments.

FBM KLCI Futures Likely To Experience Volatile Week Amid Market Uncertainty

KUALA LUMPUR, May 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the performance of the underlying cash market, which is expected to experience volatile trading next week amid ongoing market uncertainty.

Ringgit Closes Lower Against US Dollar Amid Market Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, May 30 (Bernama) -- The ringgit closed lower against the US dollar on Friday amid renewed market uncertainty after a US federal appeals court granted the White House’s request to temporarily pause a lower-court ruling which struck down President Donald Trump’s tariffs on imports.

Bursa Malaysia Ends On Weak Note Amid Subdued Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia failed to sustain earlier gains and ended the week on a weaker note, weighed down by continued selling pressure in heavyweight and midcap stocks amid downbeat regional sentiment.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

US Tariff Ruling Sparks Market Optimism, But Uncertainty Remains - Analyst

By Zufazlin Baharuddin

KUALA LUMPUR, May 29 (Bernama) -- Investor sentiment has improved following a US trade court decision to block most of US President Donald Trump’s tariffs on imports into the country.

CGS, CGS International Sign Strategic Deals To Boost ASEAN-China Business Ties

KUALA LUMPUR, May 29 (Bernama) -- China Galaxy Securities Co Ltd (CGS) and CGS International Securities Group today signed five strategic memoranda of understanding (MoUs) and one letter of intent (LOI) for ASEAN-China business partnerships.

Bursa Malaysia Bucks Regional Trend To End Lower, Sans Fresh Local Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.

Bursa Malaysia Ends Lower On Profit-Taking In Financial Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia ended lower as profit-taking in financial services counters weighed on the market, amid cautious sentiment across the regional market.

Quadria Capital Closes US$1.07 Bln Fund To Drive Healthcare Investments In Asia

KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)