1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The new leadership change in the United States (US) is expected to affect the global trade landscape, particularly in trade relations between the United States and China.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by increasing geopolitical tensions in the Middle East that increased investor demand.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.