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World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

World Bank Expects Global Growth Outlook At 2.3 Pct In 2025, Slowest Since 2008

KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.

Ringgit Opens Higher Against Greenback As US-China Trade Talks Resume

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, as the market resumed its observation on further trade negotiations between the United States (US) and China in London, an analyst said.

MADANI Govt Committed To Reforms, But Needs Time - PM Anwar

KUALA LUMPUR, June 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim says the MADANI unity government is deeply committed to tackling corruption and abuse of power but the reforms to combat these menaces will take time to materialise.

Ringgit Weakens As US-China Trade Talks Continue In London

By Siti Noor Afera Abu

KUALA LUMPUR, June 10 (Bernama) -- The ringgit depreciated against the US dollar today as market attention remained fixed on the second day of United States-China trade discussions in London.

Asset Recycling, Acquisitions To Drive Malaysia's REIT Sector In 2H 2025 -- Maybank Investment

KUALA LUMPUR, June 10 (Bernama) -- Maybank Investment Bank Bhd expects catalysts, such as asset recycling and new acquisitions, to support the Real Estate Investment Trust (REIT) sector in the second half of 2025 (2H 2025), as management across the sector maintains a cautiously optimistic outlook.

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.

Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win

KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.

Rubber Market Ends Mixed

KUALA LUMPUR, June 6 (Bernama) -- The Malaysian rubber market ended mixed today despite the upward momentum in regional rubber futures markets, a dealer said.

Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by continued bargain hunting in most heavyweights particularly in the utilities and consumer products and services sectors. 

Beyond Tariffs: People’s Livelihoods Must Be Central To Any Trade Negotiations

From Nor Baizura Basri

SAN FRANCISCO, June 5 (Bernama) -- It was a cold morning in San Francisco, and my stomach was growling for food. As I munched on the snacks available in my hotel room, the day had started early with the sun shining brightly before 6 am.