8m ago
KUALA LUMPUR, April 30 (Bernama) -- The ringgit opened higher and maintained its uptrend against the US dollar in the early session on Wednesday, despite the greenback maintaining its appeal as a safe-haven currency following a 0.23 per cent gain in the US Dollar Index (DXY) to 99.237 points.
8m ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance.
8m ago
KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation increased at a slower rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 recorded in the previous year, said the Department of Statistics Malaysia (DOSM).
8m ago
KUALA LUMPUR, April 29 (Bernama) -- Short-term rates are expected to remain stable today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
8m ago
KUALA LUMPUR, April 28 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its “positive” stance on the electronics manufacturing services (EMS) sector amid persisting tariff uncertainties.
8m ago
KUALA LUMPUR, April 26 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah said Bank Negara Malaysia (BNM) takes a measured approach in managing the Overnight Policy Rate (OPR), describing it as a powerful policy instrument that should be used only when circumstances warrant it.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) believes that Inari Amertron Bhd’s shares are oversold despite the uncertainties caused by the US-China trade war being only temporary.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated at the close today as profit-taking kicked in after it jumped to all time high yesterday, amid hopes of eased US-China tariff tension.
9m ago
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
9m ago
By Anas Abu Hassan
KUALA LUMPUR, April 23 (Bernama) -- The imposition of United States (US) duties on solar panels from Southeast Asia will have far-reaching implications on the manufacturing base across the region, according to the Federation of Malaysian Manufacturers (FMM).
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.