9m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the third straight day today, tracking gains on COMEX, as intensifying US-China trade tensions continued to drive safe-haven demand.
9m ago
KUALA LUMPUR, April 7 (Bernama) -- Japanese insurance companies are increasingly seeking growth overseas as the domestic market faces constraints due to an ageing and shrinking population, according to a new commentary by AM Best.
9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump's global reciprocal tariffs.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 5 (Bernama) -- The ringgit is projected to trade between 4.41 and 4.42 against the US dollar next week, according to an analyst.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 4 (Bernama) -- The ringgit ended the week on a firmer footing against the US dollar amidst uncertainties over the reciprocal tariff imposed by the United States (US) administration, said an analyst.
9m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) for Hong Kong’s CMB Wing Lung Insurance Company Ltd (CMBWLI), with a stable outlook.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 3 (Bernama) -- The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst.
9m ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
9m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.