Bursa Malaysia Rises For 2nd Straight Day On Continued Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.

Gold Futures End Mostly Higher Amid Tariff Escalation Fears

By Danni Haizal Danial Donald

KUALA LUMPUR, June 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday amid tariff escalation fears following the outcome of the United States (US) President Donald Trump and China President Xi Jinping expected meeting, said an analyst.

Gold Futures End Mostly Higher Amid Tariff Escalation Fears

By Danni Haizal Danial Donald

KUALA LUMPUR, June 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday amid tariff escalation fears following the outcome of the United States (US) President Donald Trump and China President Xi Jinping expected meeting, said an analyst.

Ringgit Eases Marginally Against Greenback After Stronger US Economic Data 

By Danni Haizal Danial Donald

KUALA LUMPUR, June 4 (Bernama) -- The ringgit eased against the greenback at the close on Wednesday after the United States posted stronger economic data.

AM Best Maintains Stable Outlook For South Korea’s Non-life Insurance Amid Regulatory Pressures

KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.

ASEAN Currencies Seen Strengthening This Year As US Dollar Weakens

KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.

Ringgit Expected To Trade In Cautious Mode Next Week Amid US Tariff Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, May 31 (Bernama) -- The ringgit is likely to be traded cautiously against the US dollar next week amid ongoing uncertainties surrounding US tariff policy developments, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Concerns Over US Fiscal Position Dampen The Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.

Ringgit Retreats To Close Lower As US Tariff Court Ruling Boosts Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, May 29 (Bernama) -- The ringgit retreated to close lower against the greenback on Thursday as the American dollar rallied after a US trade court blocked most of US President Donald Trump’s tariffs on imports into the country.

Padini's 3Q Net Profit Rises To RM71.97 Mln On Better Profit Margin

KUALA LUMPUR, May 29 (Bernama) -- Padini Holdings Bhd’s net profit improved to RM71.97 million in the third quarter ended March 31, 2025 (3Q FY2025) from RM40.52 million a year earlier, driven by an improvement in the gross profit margin.

RHB Bank's 1Q Profit Rises To RM750.03 Mln

KUALA LUMPUR, May 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM750.03 million for the first quarter ended March 31, 2025 (1Q 2025) compared with RM730.17 million in the same period last year.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia ended the morning session lower, dragged down by profit-taking in selected heavyweights amid a broadly weaker regional market performance following a Wall Street selloff overnight.