7m ago
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 17 (Bernama) -- The ringgit opened flat against the US dollar on Tuesday as investors steered towards the sidelines amid cautious sentiment ahead of the two-day Federal Open Market Committee (FOMC) meeting beginning later today, said an analyst.
7m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.
7m ago
KUALA LUMPUR, June 16 (Bernama) -- Global credit rating agency, AM Best in its new report, has unveiled that Taiwan’s domestic non-life insurance premium continued to increase in 2024, growing 10.5 per cent to reach TWD 278.5 billion (US$9.2 billion). (US$1=RM4.23)
7m ago
KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.
7m ago
KUALA LUMPUR, June 13 (Bernama) -- Investor confidence remains under pressure amid a fragile global trade environment, as Washington announced its intention to send letters outlining unilateral tariffs to trading partners within two weeks, adding to existing economic uncertainties.
7m ago
GEORGE TOWN, June 12 (Bernama) -- IJM Land Berhad (IJM Land) today announced scheduled infrastructure works and updates on new road access as part of the advancement of The Light Interchange development here.
7m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia closed slightly higher today, with the key index climbing 0.18 per cent, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal.
7m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 12 (Bernama) -- Malaysia's Industrial Production Index (IPI) growth in April 2025, driven primarily by a robust manufacturing sector, reflects strong aggregate demand and industrial vitality, an economist said.
7m ago
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia traded mixed at midday, as losses across the broader market were offset by gains in several index heavyweights, nudging the benchmark higher.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 11 (Bernama) -- The ringgit strengthened against the US dollar as the greenback softened, with the US Dollar Index (DXY) slipping 0.1 per cent to 99.0 points, despite renewed optimism over a potential breakthrough in the United States (US)-China trade talks.
7m ago
KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia ended higher on Wednesday, with investors adopting a cautiously optimistic stance following the announcement of a United States–China trade framework agreement, which includes provisions on technology trade.