1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Standard Chartered Global Research expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 3.0 per cent at its monetary policy decision on Jan 22.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia is well-positioned to navigate external headwinds and challenges of 2025 arising from Trump 2.0 policies and to achieve sustainable growth by maintaining a stable policy environment and capitalising on key growth sectors.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher due to sluggish production pace in coming weeks, palm oil dealer David Ng said.
1y ago
KUALA LUMPUR, Jan 18 (Bernama) -- Malaysia's economy is projected to grow at a moderate pace of 4.5 per cent to 5.0 per cent in 2025, benefitting from strong economic fundamentals and an uptick in foreign investments, Hong Leong Bank Bhd (HLB) said.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as traders pare their positions ahead of the Chinese New Year celebrations, according to Interband Group of Companies' senior palm oil trader, Jim Teh.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Several trends in the technology and renewable energy sectors are expected to define Malaysia’s initial public offering (IPO) market in 2025, said Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia).
1y ago
From D.Arul Rajoo
LONDON, Jan 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met his United Kingdom (UK) counterpart, Sir Keir Starmer, and discussed about elevating the relations between both countries to strategic partnership covering all spheres.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.