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.
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 24 (Bernama) -- The Malaysian rubber market closed higher on Friday, in tandem with the uptrend in regional rubber futures markets, said a dealer.
KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 22 (Bernama) -- The Malaysian rubber market ended mixed today, mirroring the performance of regional rubber futures market, amid recovering crude oil prices and a slightly easier ringgit against the US dollar, a dealer said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian rubber market closed mixed again today, reflecting softer regional rubber futures and fluctuating crude oil prices, said a dealer.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday, as investors, almost certain of a US rate cut this month and expecting another in December, turned to the safe-haven asset.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 14 (Bernama) -- The Malaysian rubber market closed slightly higher today, with sentiment lifted by concerns over natural rubber (NR) supply amid the rainy season in major rubber-producing countries, said a dealer.
By Karina Imran and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s financial market outlook remains positive, buoyed by strong macroeconomic fundamentals, supportive monetary policy and ongoing structural reforms aimed at driving sustainable economic growth.
