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Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

AmInvest Declares RM96.9 Mln Income Distribution For 23 Funds

KUALA LUMPUR, Sept 20 (Bernama) -- AmInvest has declared a total net income distribution of RM96.9 million for 23 unit trust funds and wholesale funds from April 2024 to June 2024.

REHDA Perak To Showcase 5,000 Properties Worth RM3 Billion At MAPEX Perak 2024

IPOH, Sept 20 (Bernama) -- The Real Estate and Housing Developers’ Association Malaysia Perak Branch (Rehda Perak) aims to showcase 5,000 properties worth RM3 billion at the Malaysia Property Expo (MAPEX) Perak 2024.

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

KUALA LUMPUR, Sept 20 (Bernama) --  Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight. 

US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM

By Vijian Paramasivam

KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

News In Brief: Sept 19, 2024

News In Brief: Sept 19, 2024

Malaysia Joins Six Countries To Ratify UK’s Accession Into CPTPP

KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia has officially ratified the United Kingdom's (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant milestone as it is effectively Malaysia’s first bilateral free trade agreement with the UK.

MIHAS 2024 Knowledge Hub Session Offers SMEs Strategies For Export Growth

KUALA LUMPUR, Sept 20 (Bernama) -- The Knowledge Hub (KH) session organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 is crucial for local small and medium enterprises (SMEs) in shaping their export strategies, as they often operate with a domestic focus and limited resources.

Malaysia's Exports And Imports Of Goods To Recover, Rebound This Year -- MIDF

KUALA LUMPUR, Sept 19 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its projection that Malaysia’s goods exports and imports will recover and rebound to 5.2 per cent and 11.2 per cent growth, respectively, in 2024, following a more robust performance in August.

Gold Futures Close Higher After Fed's Bumper Rate Cut

KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivative ended higher following the expected interest rates cut by the United States Federal Reserve (Fed), analysts said. 

Ringgit Hits 28-month High Against USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night,