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Ringgit Opens Higher Against US Dollar Amid Tariff Policy Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 3 (Bernama) -- The ringgit rebounded to open higher against the US dollar on Tuesday, as markets assessed the outlook for US President Donald Trump's tariff policy, an analyst said.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.

IHH Healthcare Shares Down After Posting Lower First Quarter Net Profit

KUALA LUMPUR, May 30 (Bernama) -- IHH Healthcare Bhd shares fell in the mid-morning trading session after the hospital operator posted a lower net profit in the first quarter of its 2025 financial year (1Q FY2025).

Bursa Malaysia Bucks Regional Trend To End Lower, Sans Fresh Local Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.

Ringgit Slips Against US Dollar As Fed Seen Delaying Rate Cuts

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.

IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures

KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.

TM Posts Lower 1Q Net Profit Of RM401 Mln But Revenue Edges Up

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year.

Perodua Demand Supports MBMR Outlook - Analysts

KUALA LUMPUR, May 28 (Bernama) -- MBM Resources Bhd (MBMR) is expected to chart steady earnings this year backed by resilient Perodua demand, despite a soft start to the first quarter (1Q) 2025.

CPO Futures Extend Gains, Lifted By Stronger Soybean Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its upward trend to close higher today, as market sentiments were boosted by the rise in soybean oil prices on the Chicago Board of Trade.

OPPO Honours Frontline Staff At 2025 Smiling Angel Awards

KUALA LUMPUR, May 26 (Bernama) -- Global technology brand OPPO recently hosted the 2025 Smiling Angel Awards Ceremony in Shenzhen, recognising 163 outstanding employees from its customer service and retail teams.

ASEAN Economy To Expand at 4.7 Pct In 2025 - Tengku Zafrul

By Anas Abu Hassan

KUALA LUMPUR, May 25 (Bernama) -- The collective ASEAN gross domestic product (GDP) is projected to grow at 4.7 per cent in 2025 as compared to 4.2 per cent last year, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Eco-Shop Positive About Performance Despite Price Hike

KUALA LUMPUR, May 23 (Bernama) -- Household retailer Eco-Shop Marketing Bhd remains optimistic about its performance despite hiking up product prices to RM2.60 from RM2.40 last month.