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KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia finished at its intra-day high for the second straight session on Thursday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market.
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PETALING JAYA, July 24 (Bernama) -- Malaysia is actively engaging in discussions with the United States (US) over the impending 25 per cent tariffs set to take effect on Aug 1, aiming to secure a tariff rate below the 20 per cent level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
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WASHINGTON, July 24 (Bernama-dpa) -- US President Donald Trump said on Wednesday that the United States is prepared to lower threatened tariffs on European goods if the European Union opens its market further to US companies, reported German news agency dpa.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
5m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 23 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, in tandem with regional rubber futures markets, amid a stronger ringgit against the US dollar, a dealer said.
5m ago
By Nur Ashikin Abdul Aziz
SINGAPORE, July 23 (Bernama) -- The ASEAN+3 region is projected to grow at 3.8 per cent in 2025 and 3.6 per cent in 2026, according to the latest ASEAN+3 Regional Economic Outlook (AREO) quarterly update by the ASEAN+3 Macroeconomic Research Office (AMRO).
5m ago
By Nur Ashikin Abdul Aziz
SINGAPORE, July 23 (Bernama) -- ASEAN economies are expected to maintain growth above four per cent despite a challenging global environment, with projections at 4.4 per cent in 2025 and 4.2 per cent in 2026, according to ASEAN+3 Macroeconomic Research Office (AMRO) chief economist Dong He.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened marginally higher today, supported by value-seeking investors engaging in selective accumulation.
5m ago
KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 22 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) tariff negotiation deadline, an analyst said.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed 0.34 per cent lower on Tuesday, marking its second straight day of decline, as the lack of buying support and absence of strong cues from key regional indices continued to weigh on sentiment.
5m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 22 (Bernama) -- The Malaysian rubber market closed higher on Tuesday, supported by rising regional rubber futures and concerns over a natural rubber supply shortage due to bad weather in key producing countries, a dealer said.