ASEAN Nations Taking Steps To Establish Monetary Fund, Strengthen Regional Financial Security - Anwar

From Sharifah Hunaini Syed Ismail

KAZAN, (TATARSTAN), May 17 (Bernama) -- ASEAN countries are taking steps to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Likely To See Volatile Trading Amid Positive Outlook Next Week

By Anas Abu Hassan

KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.

US Tariff Hikes Have Limited Global GDP Impact Outside APAC, Says S&P Global Ratings

KUALA LUMPUR, May 2 (Bernama) -- Global economic growth remains resilient despite the recent United States (US) tariff hike, with limited gross domestic product (GDP) impact outside the Asia-Pacific (APAC) region, S&P Global Ratings said.

BNM: Malaysia’s Official Reserves Assets At US$117.49 Bln As Of End-March 2025

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$117.49 billion (US$1= RM4.31) as of end-March, 2025, while other foreign currency assets stood at US$4.3 million, according to Bank Negara Malaysia (BNM).

Ringgit Opens Nearly Flat Against US Dollar

KUALA LUMPUR, April 28 (Bernama) -- The ringgit opened little changed against the greenback on Monday, as the US Dollar Index (DXY) ended a four-week losing streak after recent weakness below the 100-point mark.

Gold Closes Higher Amid Rising Concerns Over Global Economy

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 22 (Bernama) --  The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.

Bank Negara Malaysia And Bank Of Thailand Strengthen Partnership To Enhance Cyber Resilience

KUALA LUMPUR, April 10 (Bernama) -- Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection.

Ringgit Weakens Against US Dollar Amid Ongoing Trade War Concerns

KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed weaker against the US dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.

Cross-border Payments Key To Inclusive ASEAN Growth, Innovation -- National Bank Of Cambodia Governor

By Harizah Hanim Mohamed

KUALA LUMPUR, April 8 (Bernama) -- The National Bank of Cambodia’s (NBC) participation in the ASEAN economic payment connectivity initiative aimed to foster regional economic growth and establish a more interconnected payment system within the region, said its governor, Dr Chea Serey.

Growing Concerns Of Recession On Revised GDP In Major Economies, US

By Siti Radziah Hamzah

KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.

Trump’s Latest Tariffs To Weigh On Regional Markets, Malaysia’s E&E Exports

By Abdul Hamid A Rahman

KUALA LUMPUR, April 3 (Bernama) -- The global financial markets and regional export-reliant economies including Malaysia are bracing for increased volatility following US President Donald Trump’s aggressive tariff rollout effective April 5 and April 9, 2025.

BNM Remains Data-Driven In Assessing Inflation, Growth Outlook - Deputy Governor

KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.