1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89 million for Amanah Saham Malaysia 3 (ASM 3), benefitting 650,487 unitholders who currently own 17.64 billion units for the financial year ended Sept 30, 2024 (FY2024).
1y ago
PUTRAJAYA, Sept 30 (Bernama) – The government is committed to intensifying efforts to eradicate hardcore poverty in line with the nation’s healthy economic performance, said Economy Minister Rafizi Ramli.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 30 (Bernama) -- Introducing competitive green bonds, tax breaks or rebates in the upcoming Budget 2025 may encourage companies, including telecommunication companies, to transition into renewable energy (RE) in their operations.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.