Analysts Mixed On Westports Outlook
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
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Ringgit Holds Steady To End Higher vs US Dollar Ahead Of Fed Minutes
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.
Bursa Malaysia Derivatives Reports 17 Pct Growth In FCPO Contracts Traded In 2024
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia Derivatives Bhd hit a new milestone last year with 18.95 million crude palm oil futures (FCPO) contracts traded, up 17 per cent over the previous record of 16.21 million contracts in 2023.
Bursa Malaysia Ends Morning Session Lower Amid Mixed Regional Sentiment
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia ended the morning session lower due to continuous selling in selected heavyweights and small-cap stocks amid mixed sentiment among regional peers.
Gas Malaysia Posts Higher Net Profit Of RM441.39 Mln For FY2024
KUALA LUMPUR, Feb 18 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM441.39 million for the financial year ended Dec 31, 2024 (FY2024), up from RM383.40 million a year ago.
Ringgit Falls AS Investors Seek Safe Havens Ahead Russia-Ukraine Peace Talks
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
The Dai-ichi Life Insurance Company Scores Superior Credit Ratings - AM Best
KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
Eco World Shares Rise In Early Trade After Land Disposal
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
LPI Capital Shares Flat In Early Trade Despite Robust FY2024 Performance
KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).
RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct
KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.
Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target
KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.