CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025). 

Malaysia's Headline Inflation Unchanged At 1.4 Pct In April - BNM

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's headline inflation remained unchanged at 1.4 per cent in April 2025, while core inflation edged up to two per cent from 1.9 per cent in March 2025, according to Bank Negara Malaysia (BNM).

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

Bursa Malaysia Opens Higher, Tracks Positive Wall Street Performance

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst.

Global Air Cargo Demand Up By 5.8 Pct Y-o-y In April - IATA

KUALA LUMPUR, May 29 (Bernama) -- The International Air Transport Association (IATA) has reported a year-on-year (y-o-y) increase in global air cargo demand for April 2025.

Bursa Malaysia Bucks Regional Trend To End Lower, Sans Fresh Local Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.

FGV Holdings Swings Back To Profit In 1Q On Stronger Plantation Performance

KUALA LUMPUR, May 28 (Bernama) -- FGV Holdings Bhd has returned to the black with a net profit of RM36.48 million for the first quarter ended March 31, 2025 (1Q 2025), compared with a net loss of RM13.50 million in 1Q 2024. 

Bursa Malaysia Opens Higher On Bargain Hunting

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia opened higher, supported by bargain hunting and tracking the positive performance of Wall Street overnight.

Bursa Malaysia Ends Lower On Profit-Taking In Financial Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia ended lower as profit-taking in financial services counters weighed on the market, amid cautious sentiment across the regional market.

BIMP-EAGA Fuels Trade, Investment And Energy Growth – Marcos Jr

By Karina Imran & Anas Abu Hassan 

KUALA LUMPUR, May 27 (Bernama) -- The joint initiatives under the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) have played a vital role in narrowing the development gap within the sub-region. 

Ringgit Closes Higher Against Greenback Amid Sudden US Trade Policy Shifts, Fiscal Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued its upward momentum to close higher against the United States (US) dollar today as sudden shifts in US trade policies and growing concerns over the US fiscal policy pushed the US dollar index (DXY) lower.

Malaysian Cocoa Board To Enhance Cocoa Industry's Competitiveness Via R&D

KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.