1y ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.
1y ago
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
1y ago
KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Trading on Bursa Malaysia continued to build up its momentum at mid-morning with glove counters dominating the gainers’ list.