1y ago
                
                KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 
               
             
	                
              
                
              
              
                1y ago
                
                By Anas Abu Hassan
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.  
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 10 (Bernama) -- Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).
               
             
	                
              
                
              
              
                1y ago
                
                By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.
               
             
	                
              
                
              
              
                1y ago
                
                SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.
               
             
	                
              
                
              
              
                1y ago
                
                LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector. 
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is on track to achieve the status of a developed and high-income country, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
               
             
	                
              
                
              
              
                1y ago
                
                 KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia opened firmer today, ahead of the US Federal Open Market Committee meeting minutes release and key inflation data due this week, an analyst said.
               
             
	                
              
                
              
              
                1y ago
                
                KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.