1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, reversing a significant portion of the gains achieved in previous days, a trader said.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that any form of protectionism will affect countries in terms of trade and investment.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, lifted by a brief easing in the dollar's strength after an election-driven surge, analysts said.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Russia’s Ambassador to Malaysia, Naiyl Latypov welcomed Malaysia’s interest in joining BRICS, saying that the coalition offers a pathway to a fairer global trade system that would benefit smaller and developing nations.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
1y 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.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- CIMB Securities Sdn Bhd has indicated that Gamuda Bhd may replace Genting Malaysia Bhd in the FTSE Bursa Malaysia KLCI (FBM KLCI) in the index’s upcoming review next month.