Bursa Malaysia Slides As US Inflation Data Strengthens Fed Rate-hold Outlook

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.

Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.

Ringgit Opens Firmer Against Greenback As DXY Remains Muted 

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

Only One Raises 100 Mln Japanese Yen To Expand Custom Travel, Hotel Ventures

KUALA LUMPUR, Feb 12 (Bernama) -- Tokyo-headquartered Only One Corp, a travel agency specialising in bespoke journeys, has successfully raised 100 million Japanese yen through over 20 individual investors. (100 Japanese yen = RM2.92)

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd. 

Bursa Malaysia Ends Winning Streak Amid US Data, Tariff Concerns

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.

Bursa Malaysia Opens Lower On Mild Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia opened lower on Friday on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.

Bursa Malaysia Trades Higher At Opening

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia continued its positive performance at the opening on Thursday, with buying led by the industrial products and construction counters, analysts said. 

Gold Futures Rise Amid Global Gold Rush Fuelled By Central Banks' Demand

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives strengthened today, following a global gold rush driven by persistent demand from central banks, said an analyst.

Lower EPF Contribution For Foreign Workers Reduces Overall Wage Expenditure

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.

Bursa Malaysia Higher At Midday On Continued Bargain Hunting

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia remained higher at midday today, supported by continued bargain hunting in most index-linked counters, analysts said.

KJTS Group Proposes To Acquire Malakoff Utilities For RM65.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- KJTS Group Bhd has proposed to acquire Malakoff Utilities Sdn Bhd (MUSB), a subsidiary of Malakoff Corporation Bhd, for RM65.5 million in cash.