6d ago
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index stayed in negative territory at midday due to persistent selling activities in selected heavyweights, led by the financial services sector.
6d ago
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
6d ago
KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
7d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
7d ago
KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.
8d ago
KUALA LUMPUR, March 4 (Bernama) -- The government does not intend to lower the corporate income tax rate to attract more foreign investment to Malaysia, said the Ministry of Finance (MoF).
8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.
8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.
8d ago
KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.
8d ago
KUALA LUMPUR, March 4 (Bernama) -- The Employees Provident Fund (Amendment) Bill 2025 was tabled for its first reading in the Dewan Rakyat today.
8d ago
KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.
8d ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.