5m 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.
5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) finished lower on Thursday, bucking the trend seen in the US COMEX gold market, despite optimism over a potential US Federal Reserve rate cut and the anticipated United States-Russia talks this week.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia pulled back from a seven-day winning streak to close lower today due to profit-taking in line with the downbeat regional market performance.
5m 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.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, mirroring gains in the US COMEX gold market amid growing expectations of a US Federal Reserve (Fed) interest rate cut.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.
5m ago
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia continued its upward momentum at midday in line with the positive regional market performance, as market sentiments improved after the United States’ (US) July inflation data came in slightly below expectations at 2.7 per cent, fuelling hopes for a September rate cut.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher today, mirroring Wall Street’s overnight rally after the latest US consumer price index figure came in slightly below expectations, thus paving the way for a possible Federal Reserve rate cut next month.
5m ago
By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah
KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.
5m ago
KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.