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.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Al'Ard, a Palestinian olive oil-based health product brand has made history with its achievement of sending RM50 million to Palestine during its 10 years of operation in Malaysia.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Gamuda Bhd may replace Genting Malaysia Bhd on the FTSE Bursa Malaysia KLCI (FBM KLCI) constituent stocks list on Dec 23, 2024, according to MIDF Amanah Investment Bank Bhd.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Trading on Bursa Malaysia continued to build up its momentum at mid-morning with glove counters dominating the gainers’ list.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia traded slightly higher in early action, tracking mixed overnight performance on Wall Street ahead of the US Federal Reserve's interest rate decision tomorrow.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during 9-13 September, marking the fifth consecutive week of net purchases.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Glove counters rose in early Tuesday trading following a recent announcement by the US Trade Representative (USTR) on substantial tariff increases imposed on Chinese imports, including a phased tariff structure for medical face masks and surgical gloves.