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KUALA LUMPUR, March 25 (Bernama) -- Astro Malaysia Holdings Bhd’s net profit for the financial year ended Jan 31, 2025 (FY2025) surged over threefold to RM129.15 million from RM36.88 million in the previous year.
KUALA LUMPUR, March 25 (Bernama) -- The ringgit traded flat against the US dollar at the opening today as mixed signals from President Trump suggested that certain countries might receive tariff breaks when the reciprocal tariffs take effect on April 2, boosting appetite for riskier assets.
KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
By Karina Imran
KUALA LUMPUR, March 19 (Bernama) -- The ringgit closed firmer against the US dollar on Wednesday, gaining 0.24 per cent to 4.4330/4400 from Monday’s close of 4.4450/4490, amid cautious sentiment ahead of the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting later today.
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia turned lower at midday due to selling in selected heavyweights, led by the financial services, plantation and utilities counters.
KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
