11d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 30 (Bernama) -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
11d ago
KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, in line with most regional markets, as investors adjusted their risk exposure amid spiralling oil prices driven by the ongoing West Asia conflict, now in its second month.
11d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts.
11d ago
KUALA LUMPUR, March 30 (Bernama) -- The Malaysian consumer products sector shall continue to provide earnings resilience and visibility, underpinned by stable domestic consumption and ongoing fiscal support, according to RHB Investment Bank Bhd (RHB IB).
11d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia and Thailand are the only Asian markets monitored by MBSB Investment Bank Bhd to receive net foreign inflows last week, recording RM587.6 million and US$58.9 million respectively, while other regional markets experienced net selling of equities.
13d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.
13d ago
By K. Naveen Prabu
KUALA LUMPUR, March 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expcted to trade higher next week, supported by stronger demand expectations, a trader said.
13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction.
14d ago
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia opened higher on Friday, outpacing regional peers as market sentiment improved following the government’s adjusted fuel subsidy measures, supporting fiscal stability and household affordability amid ongoing West Asia uncertainties.
15d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia reversed yesterday’s gains to close at an intraday low, with the benchmark index easing 0.34 per cent as investors tracked developments in West Asia while remaining cautious amid increasingly conflicting signals from both the United States (US) and Iran over potential peace negotiations.
15d ago
KUALA LUMPUR, March 26 (Bernama) -- Jumio, a provider of artificial intelligence (AI)-powered identity intelligence anchored in biometric authentication, automation, and data-driven insights, has successfully completed the Independent electronic Know Your Customer (eKYC) Breakthrough Assessment required by Bank Negara Malaysia (BNM) with zero findings.
15d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 26 (Bernama) -- Malaysia's policy discipline and targeted subsidy framework have successfully cushioned the domestic economy from external energy shocks triggered by the ongoing West Asia conflict.