1d ago
KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.
2d ago
KUALA LUMPUR, Dec 26 (Bernama) -- Malaysia has maintained its economic resilience in 2025, supported by the country’s trade neutrality and openness despite United States (US) President Donald Trump's tariff wars and geopolitical turbulence, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak.
4d ago
KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.
4d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.
4d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.
4d ago
KUALA LUMPUR, Dec 23 (Bernama) -- Textron Aviation Defense LLC, a unit of Textron Inc, has secured its first contract to supply the Beechcraft T-6JP Texan II integrated training system to Japan’s Air Self-Defense Force (JASDF), marking a milestone entry into the Japanese military training market.
6d ago
KUALA LUMPUR, Dec 22 (Bernama) -- Kenanga Research has revised its forecast for Malaysia’s gross domestic product (GDP) growth in the fourth quarter of 2025 to 5.0 per cent, higher than its earlier estimate of 4.0 per cent.
6d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
6d ago
KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Monday as positive developments in the government of Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation.
8d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.
8d ago
KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.