1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today clouded by policy uncertainties ahead of the new US administration under President-elect Donald Trump.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit held firm to close marginally higher against the US dollar on Monday despite a strong greenback underpinned by elevated US bond yields.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance on Friday.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s economy has sustained strong growth in the first three quarters of 2024, expanding by 5.2 per cent from January to September, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be thinly traded during the upcoming Christmas holiday week, with prices projected to range between US$2,585 and US$2,635 amid cautious market sentiment and subdued year-end activity.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.