1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia reversed its gains yesterday to open slightly easier this morning, influenced by Wall Street's weaker overnight performance, according to an analyst.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Proton Holdings Bhd closed out last year on a high note after selling 14,601 cars in December, a 19.7 per cent increase over the previous month and the second highest sales figure for 2024.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- KK Group, a China-based trend retailer has accelerated its expansion across Southeast Asia, entering four countries last year with its lifestyle brand, KKV and makeup brand, The Colorist.
1y ago
KUALA LUMPUR, Jan 5 (Bernama) – Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- South Korea, which will be hosting the Asia-Pacific Economic Cooperation (APEC) this year for the first time in 20 years, will focus on innovation, digitalisation and sustainability.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia’s aviation sector has been seeing sustained recovery and growth, with air passenger traffic reaching 8.0 million passengers in November 2024, marking a robust 15.8 per cent year-on-year (y-o-y) increase compared to November 2023.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.