8m ago
KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.
8m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.
8m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, backed by stronger export performance, said palm oil trader David Ng.
8m ago
KUALA LUMPUR, May 20 (Bernama) -- Aeon Co (M) Bhd’s net profit for the first quarter (1Q) of 2025 rose 18 per cent to RM68.10 million from RM57.39 million a year earlier, supported by seasonal spending uplift from the double festive celebrations within the quarter.
8m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia closed mixed today amid the absence of fresh leads.
8m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 20 (Bernama) -- The Malaysian rubber market ended lower today, weighed down by weaker cues from regional rubber futures markets, a dealer said.
8m ago
KUALA LUMPUR, May 20 (Bernama) -- As chair of ASEAN, Datuk Seri Anwar Ibrahim is clearly asserting Malaysia’s position – and that of the regional grouping – as key players in the Global South and a rising force to be reckoned with, demanding a global shift from the dominance of bipolarity to equitable power-sharing through multipolarity.
8m ago
KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.
8m ago
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
8m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 15 (Bernama) -- The Malaysian rubber market snapped a four-day winning streak to close lower on Thursday, weighed down by losses in regional rubber futures markets, a sharp drop in crude oil prices, and the continued strengthening of the ringgit against the US dollar, said a dealer.