9m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
9m ago
KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd.
9m ago
By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.
9m ago
KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.
9m ago
KUALA LUMPUR, May 5 (Bernama) -- The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst
10m ago
KUALA LUMPUR, May 1 (Bernama) -- Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees now earn above the monthly living wage threshold.
9m ago
WASHINGTON, April 30 (Bernama-dpa) -- Carmakers in the United States are to receive relief from tariffs on components, according to a senior Department of Commerce official on Tuesday, reported German Press Agency (dpa).
10m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the anticipation of rising output in coming weeks and weaker soybean oil prices, said palm oil trader David Ng.
10m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 26 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade on a bullish note next week, driven by a price discount relative to soybean oil, which could spark increased buying interest, according to trader David Ng.
10m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
10m ago
KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.
10m ago
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.