1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- EasyTransfer, a Singapore-based global education fintech firm, has been listed in KPMG’s 2024 China Fintech 50 report for the third consecutive year, affirming its status as a leading fintech company.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued its uptrend for the fourth consecutive day to end the week higher as traders stayed cautious over the policies of the new United States (US) administration under Donald Trump.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) — Resolving ASEAN’s issues, whether it is about Myanmar or the South China Sea, should be a team sport and not solely rest on the 10-member bloc’s chair.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia's international reserves were higher year-on-year (y-o-y) at US$116.2 billion (US$1=RM4.48) as at Dec 31, 2024 against US$113.5 billion as at Dec 29, 2023, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia’s economy is poised for steady growth this year, driven by strong domestic demand, robust investment activities and growth in exports and tourism despite potential global uncertainties, according to the Federation of Malaysian Manufacturers (FMM).
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit rebounded from recent losses to close higher against the US dollar on Tuesday.
1y ago
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.