1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The international trade system needs urgent reforms as the world continues to witness unfair trading practices, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.
1y ago
KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Nov 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to hover within a narrow range next week within its current price, said SPI Asset Management managing director Stephen Innes.
1y ago
KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.
1y ago
KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 29 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday due to concerns over supply disruptions caused by rain and floods in key producing countries, a dealer said.
1y ago
By Azman Ujang
KUALA LUMPUR, Nov 29 (Bernama) -- Billionaire tycoon T. Ananda Krishnan, who died yesterday at age 86, hardly gave exclusive media interviews, if any, earning him the reputation of a reclusive among Malaysia's richest men.