BNM Seen Holding OPR At 3 Pct – Economists

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.  

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened higher today, tracking the rally on Wall Street overnight as the United States (US) automotive makers get temporary tariff reprieve, but it retreated thereafter on selling pressure.

Agrobank's Hijrah Asnaf Programme Helps B40 Group Improve Livelihoods

KOTA BHARU, March 6 (Bernama) -- As part of efforts to eradicate poverty, Agrobank, through its Hijrah Asnaf programme, is providing opportunities for the asnaf and B40 groups to enhance their standard of living by venturing into agro-based industries and downstream agriculture and aquaculture products.  

Ringgit Climbs 170 Pips Versus Greenback In Early Trade

KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said. 

Ambank Finances RM1.06 Bln Acquisition Of Bahru Stainless From Spain’s Acerinox

KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Bursa Malaysia Higher At Midday As Bargain Hunters Step In, CI Up 0.67 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.   

Bursa Malaysia Rebounds After Four-Day Losing Streak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.  

Bursa Malaysia Ends Lower On US Tariff Concerns, CI Down 1.0 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Bursa Malaysia Lower At Midday, CI Down 0.88 Pct

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Bursa Malaysia Opens Lower, Tracking Wall Street’s Decline

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight decline as trade war concerns intensified after the United States (US) confirmed tariffs on Mexico, Canada and China.  

Bank Rakyat Gets Two International Recognitions For Social And Environmental Commitments

KUALA LUMPUR, March 3 (Bernama) -- Bank Rakyat received two international recognitions for its continued commitment to supporting communities and driving financial inclusion and environmental sustainability through its Community Outreach activities.