Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.

FBM KLCI Extends Pullback To End Week Lower

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 3 (Bernama) -- Bursa Malaysia’s benchmark index ended lower today, extending its pullback due to persistent profit-taking after the recent rally.

Rubber Market Closes Lower, Tracking Regional Futures Markets

KUALA LUMPUR, Jan 3 (Bernama) -- The local rubber market continued to close lower on Friday, in tandem with a downtrend in the regional rubber futures markets due to underwhelming global factory activity data that signalled a rocky economic outlook, a dealer said.

Ringgit Weakens Versus US Dollar, Higher Against Major Currencies

KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.

Bursa Malaysia Ends First Trading Day Of 2025 On Weak Note

KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets. 

Rubber Market Closes Lower In Line With Regional Futures Market

KUALA LUMPUR, Jan 2 (Bernama) -- The local rubber market closed lower on Thursday, in tandem with the downtrend in the regional rubber futures market due to the impact of US economic policies, said a dealer.

EPIC Wins Major Contract From Petronas, Stays Committed To Developing O&G Business

KUALA TERENGGANU, Jan 2 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) through its subsidiary EPIC OG Sdn Bhd (EOGSB) has secured a five-year contract from Petroliam Nasional Bhd’s wholly owned subsidiary Petronas Carigali Sdn Bhd.

Bursa Malaysia Remains Lower At Mid-afternoon

KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon in line with most regional markets amid weak sentiment ahead of the impending return of Donald Trump to the White House later this month.  

APEC Returns To South Korea After 20 Years, To Zero In On Innovation, Digitalisation, Sustainability

KUALA LUMPUR, Jan 2 (Bernama) -- South Korea, which will be hosting the Asia-Pacific Economic Cooperation (APEC) this year for the first time in 20 years, will focus on innovation, digitalisation and sustainability.

Malaysia's Economic Momentum To Continue Into 2025, GDP To Grow 6 Pct

By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Bursa Malaysia Extends Winning Streak To 6 Days, CI Closes The Year Up 0.28 Pct

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.