FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.

SMR 20 Ends Higher On Regional Rubber Market Gains, Stimulus-Driven Optimism

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 10 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today, supported by an uptrend in regional rubber futures markets and gains in benchmark crude oil prices, said a dealer.

Bursa Malaysia Mixed At Midday

KUALA LUMPUR, Jan 10 (Bernama) -- Bursa Malaysia ended the morning trading session on a mixed note, reflecting the slightly cautious market sentiment, in line with the sideways trading seen across Asian equities.

BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.

Airbus Delivers 766 Commercial Aircraft In 2024

KUALA LUMPUR, Jan 10 (Bernama) -- Airbus delivered 766 commercial aircraft to 86 customers worldwide in 2024 compared to 735 planes in the previous year.

NVIDIA’s Investments Relevant, Strengthens Malaysia's Position In Chip Supply Chain - Expert

KUALA LUMPUR, Jan 10 (Bernama) -- NVIDIA's significant investments in Malaysia are relevant for the country, as the company focuses on specialised chip architectures, strengthening Malaysia’s position in the global chip supply chain, said an expert.

Global Air Cargo And Passenger Demand Up By Over 8 Pct In November 2024 -- IATA

KUALA LUMPUR, Jan 9 (Bernama) -- Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2 per cent compared to a year earlier, according to the International Air Transport Association (IATA).

Johari Ghani To Officiate Pakistan Edible Oil Conference In Karachi

KUALA LUMPUR, Jan 9 (Bernama) -- The Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani, will embark on an official visit to Pakistan today to officiate the Pakistan Edible Oil Conference (PEOC) in Karachi, scheduled for Jan 11.

Ringgit Slips Against US Dollar For The Second Consecutive Day

By Zarul Effendi Razali

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.

ASEAN Must Embrace Regional Industrial Policy Amid US-China Rivalry 

KUALA LUMPUR, Jan 9 (Bernama) -- ASEAN should pursue a wide industrial policy amid the rising protectionism and tariff walls set off by the intensifying United States (US) and China rivalry. 

Fully Implementing RCEP Could Position Asean As A Hub For Regional Growth - Tengku Zafrul

 KUALA LUMPUR, Jan 9 (Bernama) -- As the 2025 ASEAN chair Malaysia will focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.

Global Decoupling Offers Significant Opportunies For ASEAN - Nazir Razak

KUALA LUMPUR, Jan 9 (Bernama) -- The global decoupling presents a major disruption but also offers a significant opportunity for ASEAN, positioning it as a key player in a fragmented global economy.