2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 16 (Bernama) -- The Malaysian rubber market is expected to experience a mixed trend next week, as volatility in global commodity and financial markets continues to influence regional rubber futures, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
2m ago
PUTRAJAYA, Aug 15 (Bernama) -- Despite global uncertainties, Malaysia’s gross domestic product (GDP) grew 4.4 per cent in the first half of 2025, proving that the MADANI Economy policies are yielding results for the nation and, most importantly, the rakyat, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit closed the week stronger against the US dollar amid the greenback’s continued weakness as the higher-than-expected US Producer Price Index (PPI) for July failed to provide lasting support for the currency.
2m ago
By Zufazlin Baharuddin and Abdul Hamid A Rahman
KUALA LUMPUR, Aug 15 (Bernama) – Malaysia’s economy continues to remain resilient despite an increasingly uncertain global trade policy backdrop, economists said today.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 15 (Bernama) -- The Malaysian rubber market concluded the week positively due to concerns over a shortage of natural rubber raw materials in major producer Thailand, caused by adverse weather forecasts, said a dealer.
2m ago
KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit strengthened by 5.1 per cent against the United States (US) dollar in the second quarter of 2025 (2Q 2025), primarily driven by broad US dollar weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Thursday, pressured by profit-taking following calls by an Indonesian industry group to delay the B50 biodiesel mandate.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 14 (Bernama) -- The Malaysian rubber market extended its downtrend to close easier today in tandem with lower regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.
2m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects MR D.I.Y. Group (M) Bhd’s outlook to remain positive with expectations for earnings tailwinds from the appreciation in the ringgit versus the yuan.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.