1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The uncertainty in the global economy following US President Donald Trump’s tariff hikes on Canada, Mexico and China presents an opportunity for Malaysia to accelerate economic reforms, Economy Minister Datuk Seri Rafizi Ramli said.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell 5.1 per cent to 38,299 tonnes in December 2024, compared to 40,341 tonnes in November 2024, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains for five consecutive days driven by lower stock levels in the country, a dealer said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as sentiment for the safe-haven metal weakened following the United States (US) Federal Reserve's (Fed) hawkish stance on its interest rates.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit ended flat against the US dollar on cautious sentiment regarding the current economic outlook.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by persistent concerns over the natural rubber (NR) supply shortage as the wintering season approaches, amid mixed signals from regional rubber futures markets, a dealer said.
1y ago
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today, in tandem with the decline in the regional rubber futures markets amidst rising concerns over the United States (US) trade tariff decision, said a dealer.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.