8d ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates for the first quarter of 2026 (1Q 2026), said an analyst.
8d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.
8d ago
KUALA LUMPUR, April 17 (Bernama) -- The oil and gas sector remained positive, although the International Energy Agency (IEA) has sharply revised its 2026 oil demand outlook from growth of 730,000 barrels per day (bpd) to a contraction of 80,000 bpd, reflecting what it described as the largest supply disruption in history.
9d ago
KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.
9d ago
KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of New Zealand’s Pinnacle Life Limited (Pinnacle Life), with a stable outlook.
9d ago
KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend payment of 18 per cent, amounting to RM534.7 million for the financial year ended Dec 31, 2025 (FY 2025).
11d ago
KUALA LUMPUR, April 14 (Bernama) -- The International Monetary Fund (IMF) has raised its projection for Malaysia's real gross domestic product (GDP) growth to 4.7 per cent for 2026, representing an upward revision of 0.4 percentage points.
11d ago
KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.
12d ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.
13d ago
By M. Saraswathi
KUALA LUMPUR, April 12 (Bernama) -- The gravity of a crisis is rarely understood until it intrudes and profoundly affects our daily lives.
15d ago
KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.
15d ago
KUALA LUMPUR, April 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the third consecutive day on Friday, tracking regional rubber futures, said a dealer.