9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB).
9m ago
KUALA LUMPUR, April 4 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has revised Malaysia’s 2025 real gross domestic product (GDP) growth forecasts to 4.3 per cent from 4.9 per cent and to 4.0 per cent from 4.6 per cent for 2026.
9m ago
KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.
9m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- The Malaysian rubber market closed lower again on Thursday in tandem with regional rubber futures markets in light of the greater-than-expected US tariff hike and sharp declines in crude oil prices, a dealer said.
9m ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
9m ago
KUALA LUMPUR, April 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) continues to expect Malaysia’s economic momentum to be sustained in 2025, driven mainly by domestic demand.
9m ago
PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 29 (Bernama) -- The ringgit is likely to continue remaining in a narrow range within a similar trajectory of RM4.42 to RM4.43 against the US dollar next week due to the shortened trading week following the Hari Raya Aidilfitri public holiday, which is expected to be celebrated on Monday, March 31.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 29 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is likely to trade in a cautious mode next week ahead of the United States (US) reciprocal tariffs that are expected to be enforced on April 2.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 28 (Bernama) -- The ringgit ended marginally lower against the US dollar on Friday, ahead of the United States (US) personal consumption expenditures (PCE) price index data for February, which is due today.
9m ago
KUALA LUMPUR, March 28 (Bernama) -- The ringgit continued to strengthen against the US dollar at the opening, as rapid shifts in US economic policies under President Donald Trump’s administration created uncertainty within the business community, potentially dampening demand.