8m ago
KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today in tandem with the losses in US COMEX, said an analyst.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 14 (Bernama) -- The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected US inflation reading and easing US Treasury yields.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on Japan’s non-life insurance industry, supported by improved profitability in the fire insurance segment and tighter regulatory oversight aimed at driving market reforms.
8m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 14 (Bernama) -- The Malaysian rubber market extended its uptrend on Wednesday, tracking gains in regional rubber futures markets amid continued optimism over a potential United States (US)-China trade truce, said a dealer.
8m ago
By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.
8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened marginally higher but turned easier in early trade today, taking its cue from the mixed performance on Wall Street overnight as investors weighed the United States (US) inflation data.
8m ago
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
8m ago
KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia ended the morning session higher as global markets see a strong risk-on push following bullish US-China trade talks.