6m ago
KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.
7m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the overnight policy rate (OPR) to remain at 3 per cent for the rest of the year, as this level aligns with current assessments of economic growth and inflation.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 8 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned, said an economist.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR).
7m ago
By Zarul Effendi Razali
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia gave up early gains to close lower today, as profit-taking emerged in selected financial services counters, amid cautious sentiment on the regional market, an analyst said.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.
7m ago
KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
7m ago
KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 7 (Bernama) -- The ringgit ended slightly lower against the US dollar at Wednesday’s close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow, said an analyst.
7m ago
KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting, said an analyst.