Ringgit Rises Vs Greenback On Stronger Odds Of US Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.

Bursa Malaysia Remains In Consolidation Mode At Midday

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia stayed in consolidation mode at midday, weighed down by continued selling as investors shifted their focus to the potential extension of the United States (US) tariff pause on Chinese imports.

Lotte Chemical Titan Trims 2Q Net Loss To RM173.09 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024. 

Rise In FFB Prices Among Main Reasons For Low Oil Palm Replanting Rate In 2024 - Johari

KUALA LUMPUR, Aug 5 (Bernama) -- The increase in the price of fresh fruit bunches (FFB) is one of the main contributing factors for the low replanting rate in 2024, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.

CPO Futures End Lower On Rising Production, Weaker Soybean Oil Prices

By K.Naveen Prabu

KUALA LUMPUR, Aug 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over rising domestic production and inventory levels in the coming weeks.

Bursa Malaysia Ends Morning Session Lower Amid Mixed Regional Markets

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed by continued selling in selected heavyweight counters despite promising uptake from the 13th Malaysia Plan (13MP) announcement last week and the US tariff reduction on Malaysian goods.

Local Retailers Extend Buying Streak, Records Net Equity Inflow Of RM114.4 Mln -- MBSB IB

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysian retailers continued their net buying activities on Bursa Malaysia for the fourth consecutive week last week, posting a net equity inflow of RM114.4 million, according to MBSB Investment Bank Bhd (MBSB IB).

CIMB Securities Expects Chinese Glove Makers To Shift Production To ASEAN Region Upon Revised US Tariff

KUALA LUMPUR, Aug 1 (Bernama) -- CIMB Securities Sdn Bhd expects the revised United States tariff rates for glove-producing countries will prompt Chinese glove makers to shift production to the ASEAN region, particularly Indonesia.

Malaysia’s Manufacturing Sector Edges Towards Stabilisation In July -- S&P Global

KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia’s manufacturing sector showed signs of stabilisation in July, with the pace of moderation easing as demand conditions gradually improved, according to S&P Global.

FBM KLCI Futures End Lower In Line With Cash Market

KUALA LUMPUR, July 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, tracking losses from the underlying cash market.

Bursa Malaysia Ends At Intraday Low Despite Growing Optimism Over 13MP Announcement

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.

Proceeds Of Import, Export Activities Of Electricity, Re To Benefit The People - PETRA

KUALA LUMPUR, July 30 (Bernama) -- The government is prepared to manage electricity import and export activities as well as renewable energy (RE) trading where the proceeds will be deposited into the Kumpulan Wang Industri Elektrik (KWIE) fund which will benefit the people.