EPF: External Fund Managers Contribute 24 Pct To 2024 Income

KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.

Ringgit Ends Higher Against Greenback On Concerns Over US Fiscal Health

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.

Gold Futures End Higher On US Fiscal Concerns

KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.

Sidra Capital Joins Malaysia's Bursa Suq Al-Sila’ To Boost Islamic Finance Reach

KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.

Bank Pembangunan Appoints Ex-Maybank Islamic Chief Muzaffar Hisham As Group CEO

KUALA LUMPUR, May 18 (Bernama) – Bank Pembangunan Malaysia Bhd (BPMB) has appointed Datuk Muzaffar Hisham as its new group chief executive officer (CEO), effective immediately.

Ringgit Likely To Trade In 4.26-4.29 Range Next Week - Analyst

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

Gold Futures Seen Higher Next Week At Between US$3,200-US$3,250

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, within the range of US$3,200-US$3,250, due to concerns over the US fiscal situation, said SPI Asset Management managing partner Stephen Innes.

Ringgit Slips Against US Dollar On Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.

Ringgit Ends Marginally Higher Against Us Dollar On Mild Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.

Bursa Malaysia End Morning Session Lower

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the morning trading session lower today, weighed down by continuous selling in selected heavyweights amidst the lack of new catalysts.

Ringgit Ends Firmer Against Greenback As US Inflation, Treasury Yields Ease

By Abdul Hamid A Rahman

KUALA LUMPUR, May 14 (Bernama) -- The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected US inflation reading and easing US Treasury yields.

Malaysia’s Economic Momentum Likely Wanes In 1Q Amid China Concerns, Tariff Overhang

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.