By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.
KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended lower today, with the benchmark index declining 0.5 per cent, weighed down by selected heavyweights led by Press Metal, IHH Healthcare, and Tenaga Nasional.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended the morning session slightly lower, in tandem with regional markets, as US President Donald Trump unveiled his reciprocal tariffs plan.
KUALA LUMPUR, March 27 (Bernama) -- RHB Bank Bhd has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40 per cent equity interest in the digital bank.
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
