1y ago
KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- The Malaysian rubber market rebounded on Friday, bolstered by the upward momentum in regional rubber markets and steady benchmark crude oil prices as the ringgit weakened against the US dollar, said a dealer.
1y ago
KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia opened lower, reversing the previous day's gains, as Wall Street weakened after US President Donald Trump intensified his "tariff bullets" against the European Union.
1y ago
KUALA LUMPUR, March 13 (Bernama) -- Malaysia remains committed to facilitating new investments while addressing challenges arising from the geopolitical and geoeconomic landscape, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 13 (Bernama) -- The Malaysian rubber market ended lower today, dragged down by weaker advice from regional rubber markets and declining oil prices, said a dealer.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysia will continue to strengthen the semiconductor supply chain together with ASEAN member countries, in line with its ASEAN chairmanship this year, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.