Bursa Malaysia Erases Early Gains To End Lower On Profit-Taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains. 

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

IILM Short-term Sukuk Portfolio Hits US$6.795 Bln

KUALA LUMPUR, Feb 3 (Bernama) --  The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

Bursa Malaysia Extends Gains On Bargain Hunting

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.  

JS-SEZ Offers Scalable Regional Model For Seamless Cross-border Logistics -- Economists

JOHOR BAHRU, Feb 3 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) offers a scalable development model throughout the region, predicated on its seamless cross-border logistics and efficient flow of goods, according to Khazanah Research Institute chairman Nungsari Ahmad Radhi. 

Ringgit Opens Lower Against Greenback, Higher Vs Major Currencies

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies.

Bursa Malaysia Poised For Constructive Upward Bias Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level. 

Ringgit To Hold Firm In 3.93-3.96 Range Versus US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.

Gold Futures Expected To Ease Next Week On Firmer US Dollar Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid firmer US dollar sentiment.

Sri Lankan FitsAir To Increase Malaysia Flights To Four-Weekly By End-March

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 30 (Bernama) -- Sri Lanka’s low-cost carrier and the first privately-owned international airline FitsAir plans to increase its weekly flight frequency to Malaysia to four from three by the end of March this year. 

Ringgit Closes Lower Amid US FED Leadership Speculations

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).