6m ago
KUALA LUMPUR, June 30 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM423 million for its fixed price fund Amanah Saham Bumiputera 3 Didik (ASB 3 Didik) for the financial year ending June 30, 2025.
6m ago
By Karina Imran
KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.
6m ago
KUALA LUMPUR, June 26 (Bernama) — The ongoing geopolitical tensions in the Middle East are having a short-term impact on Malaysia, particularly in terms of economic stability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 25 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday, as easing geopolitical tensions in the Middle East capped gains, said SPI Asset Management managing partner Stephen Innes.
6m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 25 (Bernama) -- The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback.
6m ago
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s shift towards Data Centre 2.0 is a crucial step in building a strong foundation for the country’s digital sector growth, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
6m ago
KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.
6m ago
KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia rebounded to open higher on Wednesday, tracking Wall Street’s overnight rally as sentiment improved amid easing Middle East tensions, an analyst said.
6m ago
By K Naveen Prabu
KUALA LUMPUR, June 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, dragged by weaker crude oil and soybean oil prices.
6m ago
KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.
6m ago
By K Naveen Prabu
KUALA LUMPUR, June 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher today, supported by firmer crude oil and soybean oil prices.
6m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.