13d ago
KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.
29d ago
KUALA LUMPUR, May 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance in the United States COMEX market as the US dollar strengthened on higher crude oil prices which raised expectations for interest rate hikes by the US Federal Reserve.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.
1m ago
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed concerns over rising global oil prices and potential inflationary spillover across major economies.
1m ago
KUALA LUMPUR, May 11 (Bernama) -- Real estate remains a good hedge against rising inflationary pressures driven by energy price increases stemming from the West Asia conflict, said RHB Investment Bank Bhd (RHB IB).
1m ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
1m ago
KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is likely to moderate to 4.2 per cent this year, compared with 5.2 per cent in 2025, driven by growing domestic demand alongside still-resilient external demand, according to MBSB Investment Bank Bhd (MBSB IB).
1m ago
KUALA LUMPUR, April 30 (Bernama) -- Kenanga Investment Bank Bhd has maintained its 2026 loan growth forecast at 5.0 per cent to 5.5 per cent, supported by steady household demand as well as supportive labour market.
1m ago
KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 20 (Bernama) -- The government’s plan to raise the biodiesel mandate to B15 is expected to provide a more stable domestic palm oil demand, particularly during periods of weak global demand or heightened price volatility.