1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- CIMB Securities Sdn Bhd has indicated that Gamuda Bhd may replace Genting Malaysia Bhd in the FTSE Bursa Malaysia KLCI (FBM KLCI) in the index’s upcoming review next month.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) posted a wider net loss of RM246.42 million during the third quarter ended Sept 30, 2024 (3Q 2024), as compared to a net loss of RM55.58 million in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
1y ago
KUALA LUMPUR, 6 Nov (Bernama) -- Pangea, an innovator in sustainable materials for the automotive industry, has announced the launch of two groundbreaking products, namely Pulvera and Verita.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- T7 Global Bhd has been awarded a maintenance, construction, modification (MCM) contract and hook-up commissioning services contract for Package B2 - Guntong by ExxonMobil Exploration and Production Malaysia Inc worth RM500 million.