KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.
By K. Naveen Prabu
KUALA LUMPUR, Nov 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, breaking its multi-day downtrend.
By K. Naveen Prabu
KUALA LUMPUR, Nov 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today amid concerns over rising output and stock levels in the country.
PUTRAJAYA, Nov 2 (Bernama) -- Malaysia’s partnership with the United States in critical minerals unlocks new flows of American investment and technology, as well as the development of downstream rare earth elements (REE) capabilities, from extraction and separation to advanced manufacturing.
WASHINGTON, Nov 1 (Bernama-Sputnik/RIA Novosti) -- Gold’s ascendancy into US$4,000 territory was marked by an aplomb that suggested its time had arrived, though its struggle to hold to the pricing also indicates it was rushed there.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to stay range-bound next week, with analysts anticipating the benchmark index to consolidate amid steady domestic fundamentals.
KUALA LUMPUR, Oct 31 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand.
KUALA LUMPUR, Oct 31 (Bernama) -- AM Best has maintained a stable outlook on China’s non-life insurance segment, supported by sustained premium growth driven by new energy vehicles (NEVs), health reforms and emerging product developments, alongside supportive regulatory policies and market development initiatives.
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.
From Nor Baizura Basri
GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.
