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.
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.
KUALA LUMPUR, Nov 1 (Bernama) -- French-based company, Pluxee has posted net profit of 133 million euros for the full year, up 64.2 per cent from 81 million euros in the same period of the prior year driven by outstanding performance in fiscal 2024 exceeding all business and financial objectives. (1 euro = RM4.76)
KUALA LUMPUR, Nov 1 (Bernama) -- BMI, a Fitch Solutions company, has revised its forecast for Malaysia’s health expenditure growth to 8.7 per cent per year from 2023 to 2028, up from its previous forecast of 8.3 per cent.
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.
KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).
KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.
KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.
KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
