7m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended a choppy but directionless trading session, with the index moving in a narrow range, amid global uncertainties, as investors refrained from taking long positions.
7m ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, in tandem with regional rubber futures markets and a weaker ringgit against the United States (US) dollar, a dealer said.
7m ago
JOHOR BAHRU, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is drawing increasing interest from international investors, particularly from Japan, South Korea, China, and Europe, as Johor positions itself as a strategic gateway to the ASEAN market.
7m ago
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
7m ago
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, tracking the weaker overnight Wall Street performance.
7m ago
KUALA LUMPUR, June 18 (Bernama) -- The ringgit was slightly higher against the US dollar at today’s opening with investors remaining cautious ahead of the United States (US) monetary policy outcome due later tonight, an analyst said.
7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.
7m ago
KUALA LUMPUR, June 17 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives closed lower due to ongoing profit-taking, while geopolitical risks weighed on demand for the safe-haven asset.
7m ago
KUALA LUMPUR, June 17 (Bernama) -- Shell will increase its investment in Malaysia by more than RM9 billion over the next two to three years, which is expected to create high-skilled jobs, said Prime Minister Datuk Seri Anwar Ibrahim.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 17 (Bernama) -- The ringgit ended nearly flat against the US dollar on Tuesday as investors stayed cautious amid the ongoing military conflict in the Middle East.
7m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said.
7m ago
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 17 (Bernama) -- The ringgit opened flat against the US dollar on Tuesday as investors steered towards the sidelines amid cautious sentiment ahead of the two-day Federal Open Market Committee (FOMC) meeting beginning later today, said an analyst.