7m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter, weighed down by mild profit-taking in selected heavyweights as Wall Street slipped following the latest US tariff threats against the European Union (EU), analysts said.
7m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
7m ago
KUALA LUMPUR, May 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to track the underlying cash market performance next week.
7m ago
By Lucia Terey John
KUALA LUMPUR, May 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent official visit to Russia is not only a strategic move to strengthen bilateral relations, but also a “gateway” for Malaysia to explore the halal industry in the European and Central Asian regions, according to an analyst.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 23 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, due to a weaker US Dollar Index (DXY) amid mixed economic data, said an analyst.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback depreciated due to weaker United States (US) economic data recorded, an analyst said.
8m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.
8m ago
KUALA LUMPUR, May 21 (Bernama) -- Malaysia’s general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6 per cent from RM24.6 billion in 2025 to RM31.8 billion by 2029 in terms of gross written premium (GWP), according to data and analytics company GlobalData.
8m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.
8m ago
KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened marginally lower against the US dollar on Tuesday as traders remained cautious ahead of a possible interest rate cut by the United States Federal Reserve (Fed), an analyst said.
8m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the uptrend in the soybean oil market, said palm oil trader David Ng.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.