1y ago
KUALA LUMPUR, April 24 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, tracking gains in the US dollar index (DXY), as markets responded to signs that President Donald Trump may be softening his stance on tariff policy.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia rebounded from yesterday’s downbeat performance to end at its intraday high today, driven by bargain hunting, particularly in technology, energy, construction, and consumer stocks.
1y ago
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
1y ago
KUALA LUMPUR, April 23 (Bernama) -- Sidra Capital, a global manager of Shariah-compliant alternative investments, has launched an Australian private credit investment fund focusing on the mining and energy sector in the country.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today on stronger soybean oil and crude oil prices, said palm oil trader David Ng.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
1y ago
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
1y ago
GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, tracking gains on COMEX, as investors sought safe-haven assets amid concerns over global political and economic stability, according to SPI Asset Management managing director Stephen Innes.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 21 (Bernama) -- The Malaysian rubber market closed mixed today amid higher regional rubber futures market and a firmer ringgit versus the US dollar, said a dealer.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia ended the morning session lower as investors took profit in anticipation of escalating trade war tensions.