By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia extended its upward momentum to close higher on Tuesday, boosted by news of the United States' (US) decision to extend its 90-day tariff truce with China until Nov 10, which lifted market sentiment.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian rubber market ended higher on Tuesday, driven by the stable benchmark crude oil prices as sentiment was boosted by fresh optimism over the United States (US)-China tariff truce extension, said a dealer.
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia stayed higher at midday supported by news on the United States’ (US) extension of its 90-day tariff truce with China until Nov 10, lifting market sentiment.
MATSUURA (JAPAN), Aug 12 (Bernama) -- Matsuura city, located in the northern part of Nagasaki prefecture, is expected to export the popular Japanese fried horse mackerel or aji fish to Malaysia soon.
SINGAPORE, Aug 12 (Bernama) -- Singapore has upgraded its 2025 gross domestic product (GDP) growth forecast to 1.5 to 2.5 per cent to reflect the better-than-expected performance of the country’s economy in the first half of 2025 (1H 2025).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher today despite a weaker Wall Street overnight performance, ahead of the United States (US) inflation data later this week, as many expect this will dictate the Federal Reserve's stance on possible rate cuts.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.
By Rosemarie Khoo
KUALA LUMPUR, Aug 11 (Bernama) -- The Malaysian rubber market closed higher, extending its uptrend from last Friday, tracking the regional rubber futures market, mainly the Japanese rubber futures, which rose following expectations of the United States (US) interest rate cuts, said a dealer.
KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)
KUALA LUMPUR, Aug 11 (Bernama) -- Foreign investors turned net buyers in Asian markets last week, reversing the previous week’s outflow, recording an inflow of US$996 million (US$1=RM4.23), with Taiwan recording the highest purchases in the region.
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s rally last Friday, which was led by gains in Apple shares following the announcement of its planned investments in the United States (US).
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst.
