There are 163 news based on search keyword " fed"

Gold Futures End Higher

KUALA LUMPUR, Oct 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly higher on Tuesday amidst geopolitical risks in the Middle East and hawkish remarks from Federal Reserve chairman Jerome Powell regarding potential interest rate cuts.

13MP To Focus On State-Federal Collaboration To Bridge Socio-economic, Development Gaps

SHAH ALAM, Oct 1 (Bernama) -- The 13th Malaysia Plan (13MP) will focus on collaborative efforts between states and federal governments to bridge the socio-economic and development gaps according to states and regions, said the Minister of Economy Rafizi Ramli.

Ringgit Retreats On Profit-taking As Hopes For Another Oversized US Interest Rate Cut Fade

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

China-ASEAN Industrial Chain And Supply Chain Conference Injects Impetus For Cooperation

KUALA LUMPUR, Oct 1 (Bernama) -- The China-ASEAN (Baise-Cao Bang) Industrial Chain and Supply Chain Cooperation and Innovative Development Conference, held in Nanning, China, witnessed the signing of 19 projects valued at 20.663 billion Chinese yuan. (100 Chinese yuan = RM59.24)

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

Ringgit Marginally Higher Vs US Dollar At Opening

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.

Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

Felda To Foster Connections Between Malaysian And Indonesian Businesses

JAKARTA, Sept 30 (Bernama) -- The Federal Land Development Authority (Felda) is poised to connect Malaysian companies, particularly its business units, with firms in the Indonesian Chamber of Entrepreneurs (KEIND) to explore new opportunities in both countries and internationally.

Bursa Malaysia Ends Morning Session Lower

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.

Malaysia's Official Reserve Assets At US$116.77 Bln As At End-August 2024 - BNM

KUALA LUMPUR, Sept 30 (Bernama) --The official reserve assets amounted to US$116.77 billion, while other foreign currency assets amounted to US$88.9 million as at end-August 2024, said Bank Negara Malaysia (BNM).