2m ago
KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.
2m ago
By Karina Imran
KUALA LUMPUR, March 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by improved risk sentiment, although caution lingered in global markets amid the ongoing US-Iran conflict, an analyst said.
2m ago
KUALA LUMPUR, March 9 (Bernama) -- Foreign investors turned net buyers of Bursa Malaysia equities last week, snapping a two-week streak of net selling to post RM411.4 million in net inflows.
2m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia ended higher today in line with regional equities as bargain hunting emerged after the benchmark index briefly slipped below the psychological 1,700 level in recent trading sessions.
2m ago
KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia ended broadly lower on Wednesday, tracking declines across regional markets, with South Korea posting one of the sharpest drops as investors reacted to widening geopolitical fallout.
2m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia’s benchmark index snapped a five-day losing streak to end higher on Tuesday, recouping part of the previous day’s losses, with gains driven by banking heavyweights, oil and gas-related counters, and renewed buying interest in selected consumer retail stocks, despite weaker performances across the region..
2m ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.
2m ago
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
2m ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) dividend rate of 6.15 per cent for both the conventional and shariah savings accounts, with a total payout of RM79.6 billion for 2025, is respectable and reflective of resilient financial market performance despite global volatility, said economists.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.