Bursa Malaysia Remains Mixed At Midday
KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia remained mixed at midday amid cautious trading, despite an upbeat performance in regional markets following an overnight rally on Wall Street.
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Muted Start For Bursa Despite Wall Street Rally
KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.
Ringgit Opens Slightly Firmer Against US Dollar Amid Global Uncertainty
KUALA LUMPUR, May 2 (Bernama) -- The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.
Penang Records RM17.3 Bln Approved Manufacturing Investments In 2024 -- CM
GEORGE TOWN, May 1 (Bernama) -- Penang recorded approved manufacturing investments worth RM17.3 billion in 2024, strengthening its position as Malaysia’s leading technology investment and innovation hub, said Chief Minister Chow Kon Yeow.
IMF Cuts Malaysia 2025 GDP To 4.1 Pct On Regional Slowdown
KUALA LUMPUR, April 23 (Bernama) -- The International Monetary Fund has downgraded Malaysia’s real gross domestic product (GDP) growth forecast for 2025 to 4.1 per cent, from 4.7 per cent previously, reflecting a broader downward revision across the region.
Bursa Lower At Midday, CI Down 0.93 Pct On US Tension
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
Malaysia 1Q GDP Estimated To Expand 4.4 Pct, Driven By Domestic Activities, Steady Demand -- DOSM
KUALA LUMPUR, April 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.4 per cent in the first quarter of 2025 (1Q 2025) based on advance estimates, easing from a five per cent expansion in the previous quarter, backed by domestic activities and steady demand, according to the Department of Statistics Malaysia (DOSM).
Penang Sets Up Tariff Monitoring Task Force, Seeks Federal Govt Cooperation
GEORGE TOWN, April 11 (Bernama) -- The Penang state government will establish a tariff monitoring task force as part of its strategic response to the United States’ (US) recent tariff announcement.
Tune Protect And Ticket2U Unveil Ticket Refund Insurance
KUALA LUMPUR, April 8 (Bernama) -- Tune Protect Malaysia, in partnership with Malaysia’s leading ticketing platform, Ticket2U Sdn Bhd, has launched Ticket Refund Insurance, offering enhanced financial security to ticket buyers and setting a new standard in event protection.
Growing Concerns Of Recession On Revised GDP In Major Economies, US
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
US Tariffs: A Self-inflicted Wound With Global Consequences
By Sukudhew (Sukhdave) Singh
KUALA LUMPUR, April 6 (Bernama) -- The United States’ (US) sweeping tariffs, and the inevitable retaliatory measures, are a dangerous and misguided approach to trade.
Ringgit Opens Higher As US Govt Shutdown Averted
KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.