Ringgit Extends Gains As Govt Initiatives, US-Japan Trade Deal Lift Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.

The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.

Gold Ends Lower After After US-driven Rally Fizzles

By Harizah Hanim Mohamed

KUALA LUMPUR, July 17 (Bernama) – Gold futures contracts on Bursa Malaysia Derivatives ended lower on Thursday, retreating from an overnight rally that was fuelled by investor uncertainty surrounding the United States Federal Reserve’s (Fed) policy outlook.

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

Bursa Malaysia Seen Range-Bound, Macro Data In Focus

By Siti Noor Afera Abu and Danni Haizal Danial Donald

KUALA LUMPUR, July 12 (Bernama) -- Bursa Malaysia is expected to trade sideways next week, with the index’s bullish momentum likely dependent on key macroeconomic data from China and the United States (US).

Gold Futures End Higher Despite Stronger Dollar On Geopolitical Jitters

KUALA LUMPUR, July 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended the week higher, defying a firmer US dollar, as geopolitical concerns boosted safe-haven demand.

Ringgit Rebounds Slightly As Market Anticipates Mild US Tariffs

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The ringgit ended marginally higher against the US dollar today, buoyed by growing expectations of a possible compromise on upcoming US tariff measures.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

Gold Futures End Higher On Buying Support

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 26 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday as it settled into a holding pattern following the easing of Middle East tensions but remains well supported on dips, said SPI Asset Management managing partner Stephen Innes.

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

Economic News Reporting Skills Pivotal As Tariffs Dominate Global Headlines

KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.

Bursa Malaysia Rebounds To Close Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said an analyst.

Bursa Malaysia Lower At Midday Amid Cautious Sentiment, Heavyweight Selling

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia was lower at midday, dragged down by selling in selected utilities, consumer products and services heavyweight counters, amid lingering cautious sentiment surrounding global trade tariffs.