1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia plays a crucial role in connecting the ASEAN region to global markets as a strategic hub in Southeast Asia, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia closed marginally higher today as gains in plantation counters were trimmed by profit-taking activities in selected index-linked financial services heavyweights.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said.
1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 29 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday due to concerns over supply disruptions caused by rain and floods in key producing countries, a dealer said.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.
1y ago
By Syamsiah Sahat
BEIJING, Nov 28 (Bernama) -- Malaysian small and medium enterprises (SMEs) described the China International Supply Chain Expo (CISCE) as an eye-opening experience in terms of future market planning, as well as benefiting from finding space for their supply chain business.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.