5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.
5m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares were lower following weaker results in the second quarter ended June 30, 2025 (2Q 2025) after reporting a net loss of RM1.08 billion compared with a net profit of RM777 million a year ago.
5m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives (BMD) extended gains on Wednesday, lifted by strength in global vegetable oil markets and upbeat export sentiment, said Mumbai-based Sunvin Group commodity research head Anilkumar Bagani.
5m ago
KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia's gross domestic product (GDP) growth for the second quarter of 2025 (2Q 2025) is projected to be at 4.3 per cent, driven by the agriculture sector’s recovery, and expansion in the services, manufacturing and construction sectors, said Hong Leong Investment Bank Bhd (HLIB).
5m ago
KUALA LUMPUR, Aug 12 (Bernama) -- UUE Holdings Bhd shares rose in early trade today, buoyed by positive market sentiment.
5m ago
SINGAPORE, Aug 12 (Bernama) -- Singapore has upgraded its 2025 gross domestic product (GDP) growth forecast to 1.5 to 2.5 per cent to reflect the better-than-expected performance of the country’s economy in the first half of 2025 (1H 2025).
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.
5m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Foreign investors turned net buyers in Asian markets last week, reversing the previous week’s outflow, recording an inflow of US$996 million (US$1=RM4.23), with Taiwan recording the highest purchases in the region.
5m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst.
5m ago
KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market ended higher today supported by an uptrend in regional rubber futures markets, a dealer said.
5m ago
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.
5m ago
KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).