Ringgit Opens Higher Against US Dollar
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.
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Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q
KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.
Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.
APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.
LREIT Reports 11.4 Pct Retail Rental Reversion In 1Q FY2025
KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).
Ringgit Maintains Stronger Footing At The Close
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
CPO Futures To See Profit-taking Next Week Amid Bullish Rally
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 2 (Bernama) -- The crude palm oil (CPO) futures market is expected to see profit-taking next week following a bullish rally, driven by aggressive buying from hedge funds, said Interband Group of Companies senior palm oil trader Jim Teh.
CPO Futures Likely To Trade With Bullish Bias Next Week
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.
AirAsia-Sega Pact Brings 'Sonic The Hedgehog', 'Persona 5' To The Skies
SEPANG, Oct 16 (Bernama) -- Malaysia’s low-cost carrier AirAsia today unveiled its branding partnership with the gaming company Sega Corp and its unit Atlus, where its passengers can enjoy the world of popular game characters “Sonic the Hedgehog” and “Persona 5” in immersive in-flight experiences.
Gold Futures To Trade In Consolidation Mode Next Week
KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.
Preqin Expects Global Alternative Markets To Surpass US$30 Trillion By 2030
KUALA LUMPUR, Sept 23 (Bernama) -- Preqin in its Future of Alternatives 2029 report forecasted the global alternatives industry to reach US$29.2 trillion in assets under management (AUM) by 2029, from US$16.8 trillion at the end of 2023. (US$1=RM4.20)