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Bursa Malaysia Ends Lower On Continuous Selling, Deepseek Launch Raises Investor Concerns

By Anas Abu Hassan

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.

Malaysia’s Export And Import Prices Higher In December 2024, Says DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s export prices rose by 1.1 per cent to 150.7 points in December 2024, compared to 149.1 points in the previous month, while import prices increased by 0.9 per cent to 128.0 points, driven by oil-based commodities and mineral fuels, according to the Department of Statistics Malaysia (DOSM).

Malaysia's PPI Rises 0.5 Pct Year-on-Year In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).

Penang Remains Top Exporter In December 2024 - DOSM

KUALA LUMPUR, Jan 28 (Bernama) -- Penang remained Malaysia’s top exporter in December 2024, accounting for 38 per cent of the country’s total exports, according to the latest Department of Statistics Malaysia (DOSM) data.

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened slightly higher against the US dollar and other major currencies ahead of the two-day US Federal Open Market Committee (FOMC) meeting, which starts today, and a holiday-shortened week, an analyst said.  

BNM Appoints Madelena Mohamed As Assistant Governor For Strategy, Sustainability

KUALA LUMPUR, Jan 27 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Madelena Mohamed as its assistant governor, overseeing the new strategy and sustainability sector, effective Feb 1, 2025.

Bursa Malaysia Ends Lower In Muted Trading Ahead Of CNY

By Anas Abu Hassan

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia finished in the negative territory today dampened by subdued trading observed across the board ahead of the upcoming Chinese New Year (CNY) festive holidays, said an analyst.

Ringgit Rises On Moody's Positive Sovereign Credit Rating

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 27 -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

WEF25: Saudi Arabia Redefining Global Economic Strategies 

KUALA LUMPUR, Jan 27 (Bernama) -- Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting has unveiled its strategic approach for rewriting the economic playbook during several key sessions, emphasising the Kingdom’s progress under Vision 2030.

Bursa Malaysia Appoints Fad'l Mohamed As New CEO

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd has appointed Datuk Fad’l Mohamed as its new chief executive officer (CEO), effective March 1, 2025.

Ringgit Rises On Moody's Positive Sovereign Credit Rating

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

At 8 am, the ringgit strengthened to 4.3710/3790 against the greenback, compared to Friday's close of 4.3750/3800.  

Malaysia Advocates ASEAN Strengths On Global Stage For Shared Prosperity

KUALA LUMPUR, Jan 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has consistently championed ASEAN’s strengths and advantages on the global stage, further solidifying Malaysia's role as ASEAN 2025 chair and driving regional prosperity.