6d ago
KUALA LUMPUR, April 21 (Bernama) -- Nippon Express Holdings Inc (NX Group) has reached an agreement to acquire all shares of Metro Supply Chain Group Inc (Metro Supply Chain Group) in a deal valuing the company at CAD$1.8 billion, marking the largest acquisition in NX Group’s history. (CAD$1 = RM2.89)
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 21 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia closed higher today, supported by buying interest in large-cap stocks as investors shifted toward defensive counters amid rising geopolitical uncertainty.
7d ago
KUALA LUMPUR, April 20 (Bernama) -- Malaysia’s trade prospects in 2026 are expected to remain stable amid global headwinds arising from geopolitical tensions and potential adjustments in the United States tariff policies, said RHB Investment Bank Bhd (RHB IB) today.
7d ago
KUALA LUMPUR, April 20 (Bernama) -- Foreign investors were net buyers for the second consecutive week across eight Asian markets, with net foreign inflows totalling US$4.39 billion (RM17.35 billion), according to MBSB Investment Bank Bhd (MBSB IB).
10d ago
By K. Naveen Prabu
KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s consumer price index (CPI), which edged up 1.7 per cent in March 2026, remains contained and temporary in nature, with the increase largely driven by external cost factors rather than broad-based domestic demand, an economist said.
10d 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.
10d ago
KUALA LUMPUR, April 17 (Bernama) -- Malaysia’s economy is projected to grow by 5.3 per cent in the first quarter of 2026 (1Q 2026) based on advance estimates, reflecting an economy that remains fundamentally resilient, despite rising global uncertainties, particularly elevated oil prices driven by geopolitical tensions, said the Department of Statistics Malaysia (DOSM).
11d ago
KUALA LUMPUR, April 16 (Bernama) -- Technology firms are seeking to relocate operations to Asia, and Malaysia is well-positioned to capitalise on this development in light of ongoing geopolitical turbulence in the Middle East.
11d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia rebounded from early losses to close higher on Thursday supported by a more stable global backdrop amid rising hopes of an easing in United States-Iran tensions following renewed talks.
11d ago
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia extended its gains into mid-afternoon, supported by continued buying interest in selected heavyweight stocks, mainly in the consumer and industrial product services sectors.
12d ago
KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.