18d ago
PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.
18d ago
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
18d ago
KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.
20d ago
KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.
22d ago
KUALA LUMPUR, Feb 25 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a higher net profit of RM529.58 million in the third quarter of the financial year ending March 31, 2026 (3Q FY2026) compared with RM486.49 in the same period last year.
23d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Berjaya Land Bhd posted a wider net loss of RM121.76 million for the second quarter ended Dec 31, 2025 (2Q FY2026), compared with a net loss of RM33.93 million in the previous corresponding quarter.
23d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by selling pressure in selected heavyweights, particularly in the industrial products, utilities, and financial sectors.
24d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 23 (Bernama) -- Bursa Malaysia ended the first trading day of the week higher, maintaining its momentum from last week amid improving investor sentiment following the latest United States tariff announcements.
24d ago
KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir Systems Limited has signed a memorandum of understanding (MoU) with Telefónica, S.A. to establish a joint artificial intelligence (AI) Innovation Hub to accelerate the integration of AI into the evolution of core networks.
25d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.
1m ago
JAKARTA, Feb 19 (Bernama) -- Bank Indonesia (BI) has maintained its benchmark policy rate at 4.75 per cent, citing heightened global uncertainty while keeping the door open for potential easing.
1m ago
KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.