1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia's benchmark index opened slightly higher despite a weaker Wall Street performance overnight as the US Federal Reserve cut interest rate by half a point.
1y ago
KUCHING, Sept 18 (Bernama) -- The Sarawak State Government, through the Sarawak Multimedia Authority (SMA), is inviting entries for the Sarawak Digital Economy Awards (Sarawak DEA 2024), with submissions open until Sept 23, 2024.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit has been on a uptrend against the US dollar today, moving to its highest close since Feb 2, 2023 at the close of trading today.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).
1y ago
LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.