17d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today amid concerns over natural rubber (NR) supply due to wet weather, said a dealer.
17d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia retreated to close lower today following broad-based selling after a four-day rally, primarily due to profit-taking, amid the mostly weaker regional peers, said an analyst.
17d ago
KUALA LUMPUR, Jan 23 (Bernama) -- Saudi Arabia called for global cooperation and dialogue to tackle the challenges of a fragmented world at the World Economic Forum (WEF) Annual Meeting 2025.
17d ago
DAVOS (Switzerland), Jan 23 (Bernama) -- As the chairman of ASEAN this year, Malaysia had a strong start by delivering the 10-member bloc’s collective voice on its challenges, potentials and its independence in making decisions at the renowned World Economic Forum (WEF) Annual Summit 2025 here.
17d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking after the recent rally, said an analyst.
17d ago
By Danni Haizal Danial Donald and Karina Imran
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies, buoyed by Bank Negara Malaysia's (BNM) Monetary Policy Committee’s (MPC) announcement on the Overnight Policy Rate (OPR).
17d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed down by concerns over weakening demand from India due to cheaper alternatives, a trader said.
18d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
18d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 22 (Bernama) – The local rubber market displayed mixed trends as sentiment turned bearish after US President Donald Trump hinted at his intention to impose 10 per cent tariffs on Chinese imports from Feb 1, a dealer said.
18d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
18d ago
LABUAN, Jan 22 (Bernama) -- The Asian Supply Base (ASB) has officially launched a new Crew Change Facility designed to streamline the signing-on and signing-off for the oil and gas (O&G) crews, marking a significant advancement in offshore operations in Malaysia.
18d ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).