1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week due to global uncertainties.
1y ago
KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia rebounded at Thursday’s open, tracking Wall Street’s gains after days of selling.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
1y ago
KUALA LUMPUR, March 7 (Bernama) -- BMI Country Risk & Industry Research (BMI), a unit of Fitch Solutions Group Ltd, expects Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) at 3.00 per cent through 2025.
1y ago
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
1y ago
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
1y ago
KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.