2m ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
2m ago
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has joined Prime Minister Datuk Seri Anwar Ibrahim in congratulating Donald Trump on his victory in the United States (US) presidential election.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- Technology and semiconductor-related stocks on Bursa Malaysia surged at today's close, amid anticipation of the Republican candidate Donald Trump's victory over Democrat rival Kamala Harris in the 2024 United States (US) presidential election.
2m ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
2m ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist.