KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia’s key index reversed earlier losses to close higher on Wednesday, as late buying in selected heavyweights, combined with stronger regional market performance, lifted market sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia pulled back on Monday as investors took profit on selected heavyweights, capitalising on Friday’s sharp rally to lock in short-term gains.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
By Danni Haizal Danial Donald
KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia closed at its intraday low on Thursday, tracking weaker regional sentiment despite optimism on Malaysia’s strategic policy vision under the 13th Malaysia Plan (13MP) announcement.
KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher on Tuesday against the US dollar and other major and regional currencies, supported by easing global trade tensions that lifted investor sentiment, an analyst said.
By Karina Imran
KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour has expressed optimism that Malaysia’s economy remains on a strong growth trajectory due to multiple factors, such as resilient domestic demand and encouraging exports of electrical and electronic (E&E) products, despite headwinds from impending tariffs.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 28 (Bernama) -- The ringgit ended easier against the US dollar today, as traders' sentiment was affected by Bank Negara Malaysia’s (BNM) gross domestic product (GDP) revision for the year.
KUALA LUMPUR, July 26 (Bernama) -- The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia next week, although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ends lower on Friday, weighed by strong United States (US) jobs data and improving risk sentiment surrounding trade, said an analyst.
