13d ago
By Zufazlin Baharuddin and K.Naveen Prabu
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday as investors assessed the United States-Venezuela situation, with an early flight to the greenback proving short-lived amid largely contained geopolitical risks.
13d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 5 (Bernama) -- The ringgit ended lower against the greenback on Monday, as markets shifted toward safe-haven currencies amid rising geopolitical uncertainty after the US attack on Venezuela over the weekend, an analyst said.
13d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia’s key index rose 0.63 per cent, sustaining a positive tone in line with major Asian markets, as a rally in technology stocks lifted sentiment, while heightened geopolitical risks reinforced investor preference for stable earnings and dependable cash flows in the Malaysian equity market.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment Bank Bhd.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) remains constructive on Malaysia’s power infrastructure sector into the first half of 2026 (1H 2026), driven by strong order flows from Tenaga Nasional Bhd (TNB), data centres and solar.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- The benchmark index for Bursa Malaysia rose 0.33 per cent at mid-day on firmer risk appetite, as more investors returned after the year-end break, with buying seen in selected heavyweight counters.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- CT Group recently unveiled two landmark projects, the Unmanned Aerial Vehicles (UAV) ASEAN Super Headquarter Union and ASEAN’s largest Low Altitude Economy (LAE) Center, at a launch event held at Hanoi’s Ho Guom Opera House.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Petrochemical prices in 2026 could enter a short-term bull cycle despite a weak near-term macroeconomic backdrop, according to Kenanga Investment Bank Bhd (Kenanga IB).
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Foreign investors were net sellers of Asian equities for the week ended Jan 2, 2025, offloading US$1.05 billion (US$1=RM4.06) across the eight markets tracked by MBSB Investment Bank Bhd (MBSB IB).
14d ago
JOHOR BAHRU, Jan 5 (Bernama) -- Johor continues to focus on strengthening ByteDance’s long-term commitment to the state, in line with the global artificial intelligence (AI)-based technology company’s large-scale data centre investment in Malaysia, which exceeds RM29.5 billion.
14d ago
KUALA LUMPUR, Jan 5 (Bernama) -- Malaysia’s construction sector is expected to see steady contract flow in 2026, the first year of the 13th Malaysia Plan (2026–2030), which allocates RM81 billion for development projects, slightly up from RM80 billion in 2025.
14d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia opened marginally higher in early trade as investors took a cautious stance ahead of a potential Chinese New Year (CNY) rally, with Venezuela-related developments having little impact on local sentiment.