3m ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.
3m ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
3m ago
KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.
3m ago
KUALA LUMPUR, March 11 (Bernama) -- ASEAN should optimise the utilisation of the Regional Comprehensive Economic Partnership (RCEP) and the upgraded ASEAN+1 Free Trade Agreements (FTAs) to mitigate the risks of economic uncertainty following the imposition of US tariffs on Canada, Mexico and China.
4m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
4m ago
KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s status as a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) remains unchanged, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
4m ago
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.
4m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 5 (Bernama) -- The local rubber market closed lower on Wednesday in tandem with a downtrend in the regional rubber futures market, a dealer said.
4m ago
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.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.
4m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets.
4m ago
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.