7m ago
KUALA LUMPUR, May 2 (Bernama) -- Global economic growth remains resilient despite the recent United States (US) tariff hike, with limited gross domestic product (GDP) impact outside the Asia-Pacific (APAC) region, S&P Global Ratings said.
7m ago
KUALA LUMPUR, April 28 (Bernama) -- The ringgit opened little changed against the greenback on Monday, as the US Dollar Index (DXY) ended a four-week losing streak after recent weakness below the 100-point mark.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.
8m ago
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 8 (Bernama) -- The National Bank of Cambodia’s (NBC) participation in the ASEAN economic payment connectivity initiative aimed to foster regional economic growth and establish a more interconnected payment system within the region, said its governor, Dr Chea Serey.
8m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
9m ago
KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
9m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 15 (Bernama) -- The ringgit is expected to remain defensive within the 4.43-4.44 range against the US dollar next week, as cautious investor sentiment continues to strengthen demand for the greenback as a safe-haven currency, said an analyst.
9m ago
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund (EPF) board today announced a dividend rate of 6.30 per cent for Simpanan Konvensional, with a total payout of RM63.05 billion, and 6.30 per cent for Simpanan Shariah, with a total payout of RM10.19 billion.