4m ago
KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.
4m ago
KUALA LUMPUR, Aug 13 (Bernama) -- Yinson Holdings Bhd's offshore energy solutions and floating, production, storage, and offloading (FPSO) business unit, Yinson Production, has commenced the 15-year firm charter for the Agogo FPSO, following the issuance of the Provisional Operational Readiness Certificate (PORC) on Aug 12, 2025.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.
4m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian rubber market ended higher on Tuesday, driven by the stable benchmark crude oil prices as sentiment was boosted by fresh optimism over the United States (US)-China tariff truce extension, said a dealer.
4m ago
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia stayed higher at midday supported by news on the United States’ (US) extension of its 90-day tariff truce with China until Nov 10, lifting market sentiment.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher today despite a weaker Wall Street overnight performance, ahead of the United States (US) inflation data later this week, as many expect this will dictate the Federal Reserve's stance on possible rate cuts.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.
4m ago
KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia Securities Bhd (Bursa Malaysia) has publicly reprimanded MCOM Holdings Bhd for failing to announce its annual audited financial statements (AFS) for the 18-month financial period ended June 30, 2024, by the Oct 31, 2024 deadline.
4m ago
KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).
4m ago
KUALA LUMPUR, Aug 7 (Bernama) -- Annum Bhd will be delisted from the Official List of Bursa Malaysia Securities Bhd (Bursa Securities) on Aug 12, 2025, following the rejection of its appeal for more time to submit a regularisation plan.
4m ago
KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.
4m ago
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia stayed in consolidation mode at midday, weighed down by continued selling as investors shifted their focus to the potential extension of the United States (US) tariff pause on Chinese imports.