1y ago
KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
1y ago
GEORGE TOWN, Feb 13 (Bernama) -- Penang can overcome challenges from tariff changes announced by United States President Donald Trump's administration, according to Chief Minister Chow Kon Yeow.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Pantech Global Bhd is not expected to be affected by US President Donald Trump’s plan to impose a 25 per cent tariff on all steel and aluminium imports.
1y ago
KUALA LUMPUR, Feb 8 (Bernama) -- The ringgit is expected to trade within the 4.40-4.45 range against the US dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit turned lower against the US dollar at the close today amid improved demand for the greenback following the US administration seeking ways to reduce the 10-year US Treasury yield rather than bringing down the Fed Fund Rate, said an analyst.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 6 (Bernama) -- Northern Solar Holdings Bhd is targeting a 20 per cent rise in revenue growth for the financial year ending March 31 2025 (FY2025) versus RM77.97 million a year ago.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 5 (Bernama) -- It is too early to determine whether the tariffs imposed by the United States on Canada, Mexico and China will harm or benefit Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives firmed today as investors turned to accumulate safe haven assets following the ongoing US tariff concerns.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia closed higher on Tuesday as bargain hunting continued in most index-linked counters, led by financial services, analysts said.