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Rising Credit Commitments Highlight Need For Stronger Financial Awareness Among Middle-income Earners

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd. 

Bursa Malaysia Closes Lower Ahead Of Holiday Period

By Danni Haizal Danial Donald

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed lower on Tuesday, as investors squared off positions ahead of the long holiday period amid heightened tensions between the United States and Iran.

ICHAM Unveils Singapore VCC Fund Targeting US Equities

KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

Gold Futures Close Lower On Stronger US Dollar, Fed Rate-hike Bets

KUALA LUMPUR, May 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance in the United States COMEX market as the US dollar strengthened on higher crude oil prices which raised expectations for interest rate hikes by the US Federal Reserve.

Ringgit Closes Higher Against US Dollar, Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.

Rubber Market Ends Lower On Regional Declines

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.

Bursa Malaysia Ends Lower On Cautious Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking overnight gains on Wall Street amid optimism after the United States signalled that the conflict with Iran could end soon.

Ringgit Opens Firmer Against US Dollar On Easing West Asia Tensions

By K. Naveen Prabu

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.