CPO Futures End Higher, Tracking Gains In Soybean Oil Market

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the uptrend in the soybean oil market, said palm oil trader David Ng.

Two Or Fewer Fed Fund Rate Cuts In 2025, Ringgit To Stay 4.4-4.5 To US Dollar By December

KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.

Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results

KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Affin Launches New Privileges For Premier Cardholders

SHAH ALAM, April 30 (Bernama) -- Affin Group today unveiled exclusive new privileges for its Affin Premier cardholders, offering a first-class golfing experience in a modern and relaxed environment in collaboration with La Casa Leal restaurant.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

CPO Futures Seen Bullish Next Week, RM4,050-RM4,250 Range

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 26 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade on a bullish note next week, driven by a price discount relative to soybean oil, which could spark increased buying interest, according to trader David Ng.

TMD Energy Debuts On NYSE American, First Malaysian Bunker Supplier To Do So

KUALA LUMPUR, April 22 (Bernama) -- Integrated marine bunkering services provider TMD Energy Ltd began trading on the NYSE American under the ticker symbol “TMDE”, becoming the first Malaysian marine bunker supplier to list on a major US exchange.

CIMB’s Visa Debit Card First In Malaysia To Offer Transport-related Benefits

KUALA LUMPUR, April 16 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB) have introduced Malaysia’s first transport-related debit card benefits via the CIMB Visa Debit Card.

Gold Futures To Stay Firm amid Bond Market Uncertainty, Rate Cut Expectations

By Siti Noor Afera Abu

KUALA LUMPUR, April 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, driven by expectations of US interest rate cuts and rising concerns over the stability of the US bond market.