1d ago
By Nik Nurfaqih Nik Wil
JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.
1d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.
1d ago
KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.
1d ago
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a neutral bias as investors assess geopolitical developments and key economic data releases from major economies.
2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 11 (Bernama) -- The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.
2d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.
2d ago
KUALA LUMPUR, June 11 (Bernama) -- The government’s initiative to roll out B15 biodiesel blends makes strategic sense as a cheaper feedstock can dampen domestic inflation and reduce fiscal costs, said CGS International Securities Malaysia Sdn Bhd.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.
3d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, tracking weaker regional rubber futures markets amid concerns over soft demand from China's automotive sector, a dealer said.
3d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.
4d ago
KUALA LUMPUR, June 10 (Bernama) -- Resilient domestic demand and still-contained underlying inflation should allow Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, said Kenanga Investment Bank Bhd (Kenanga IB).
4d ago
KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.