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IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

Malaysia, Ukraine Discuss Key Sectors For Economic Collaboration In Inaugural Joint Trade Meeting

KUALA LUMPUR, Nov 1 (Bernama) -- Malaysia and Ukraine marked a new chapter in bilateral trade relations with the inaugural Malaysia-Ukraine Joint Trade Committee (JTC) meeting today, with discussions centered on key sectors, including agriculture, aerospace, sustainable palm oil, medical devices and tourism.

Rubber Market Ends Higher Amid Crude Oil Recovery

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.

Bursa Malaysia Snaps 6-day Losing Streak On Bargain Hunting, CI Up 0.29 Pct

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia finished higher today on bargain hunting, after six days of losses, as investors sought opportunities in large-cap stocks with compelling valuations following the recent global equity sell-off.

CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

Bursa Malaysia Edges Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning session in the red, tracking mixed performances in regional markets and on Wall Street amid cautious trading.

FBM KLCI Rebounds From Five Days Of Losses

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s barometer index rose after five days of losses as fresh interest emerged with investors piling into recently beaten-down heavyweights.

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

Rubber Market Ends Mixed In Tandem With Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, taking its cue from the mixed regional rubber futures markets, a dealer said.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

EBC, DiNapoli Experts Provide Insights To Navigate Volatile Markets

KUALA LUMPUR, Oct 22 (Bernama) -- EBC Financial Group (EBC), in partnership with DiNapoli Experts, has hosted ‘Harnessing the Power of DiNapoli Indicators to Conquer Black Swan Events’, an exclusive gathering that brought together financial experts, traders, investors, and economic strategists to explore key strategies for navigating volatile markets.