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Bursa Malaysia Ends Higher In Line With Regional Markets

By Zarul Effendi Razali

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia maintained its positive momentum to end higher today, supported by persistent buying in selected heavyweights, in line with the regional market uptrend, an analyst said. 

Intra-Asia Trade Boosts Westports Net Profit By Nine Pct To RM222 Mln In First Quarter

KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.

Ringgit Higher Against US Dollar On US Trade Talks Optimism

KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.

Cambridge Remains Unfazed As US Slashes Tariffs On UK Cars, Steel

CAMBRIDGE, May 9 (Bernama) -- The United States (US) has reduced tariffs on British cars and steel, making headlines across the United Kingdom (UK) on Thursday (May 8).

Current OPR Setting Consistent With Economic Growth - MIDF Amanah

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.

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

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). 

RHB Investment Bank Maintains OPR Forecast At 3.00 Pct For 2025

KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025. 

Science & Technology, Innovations To Drive ASEAN’s Digital And Green Economy Vision - Tengku Zafrul

SERDANG, May 8 (Bernama) -- ASEAN must embrace science and technology and produce innovations to power up the region’s digital and green economy visions sustainably, in order to achieve its ambition of becoming the world’s fourth-largest economy by 2030.

Public Bank Sees Minimal Credit Exposure To US Tariff Risks

KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

BNM Maintains OPR At 3.0 Pct, Global Growth To Continue

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.

AI-related Counters On Bursa Mixed On Trump's Latest Plan

KUALA LUMPUR, May 8 (Bernama) -- Industrial products and services counters on Bursa Malaysia related to the artificial intelligence (AI) chip making have shown a mixed reaction to the latest plan announced by the Trump administration to rescind and replace Biden-era global AI chip export curbs.

Ringgit Opens Stronger Vs Greenback As Fed Leaves Rates Unchanged

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.