1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects inflation to rise in 2025, driven by domestic policy reforms such as the RON95 fuel subsidy rationalisation and an expanded sales and services tax (SST) scope.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The ringgit is expected to trade within the narrow range of 4.50 to 4.52 against the US dollar next week, reflecting subdued volatility and cautious sentiment among traders during the Christmas holiday period.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 20 (Bernama) -- Shares on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia ended the morning session almost flat, in tandem with its regional peers amid Wall Street’s mixed overnight performance.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia opened higher today amid a mixed performance on Wall Street overnight, said an analyst.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia remained lower at mid-day, tracking regional markets after Wall Street’s subdued overnight performance.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.
1y ago
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit advanced against the US dollar in early trade on Friday ahead of the US non-farm payrolls (NFP) data that will be released later today, said an analyst.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.
1y ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia ended the morning session slightly lower due to profit-taking in industrial products, services as well as consumer products stocks, along with mixed performances from regional peers.