1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Foreign investors turned net sellers of equities on Bursa Malaysia last week as they took profit after six straight weeks of net buying, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 29 (Bernama) -- An economist hopes the government will announce initiatives to improve Malaysia’s international trade policies, especially within the ASEAN region, when tabling Budget 2025 as part of the efforts to spur further economic growth.
1y ago
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) — The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr Geoffrey Williams.
1y ago
JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- Short-term interbank rates are expected to remain stable next week on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is likely to stay muted next week.
1y ago
VIENTIANE (LAOS), Sept 28 (Bernama) -- As the host of the ASEAN Summit 2025, Malaysia is committed to ensuring that the ASEAN Power Grid (APG) strategic initiative can be finalised by next year for the benefit of the region.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.
1y ago
SEPANG, Sept 27 (Bernama) -- The ringgit is expected to continue strengthening, supported by the government's ongoing efforts to enhance economic activity and attract investments into the country.