1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
1y ago
By Karina Imran
KUALA LUMPUR, March 22 (Bernama) -- The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
1y ago
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia opened nearly flat, tracking Wall Street’s weaker overnight performance.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) said the Malaysian capital market in 2025 will remain influenced by key risk factors, including uncertainties in financial conditions.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 15 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range next week as market participants adopt a cautious stance without resorting to immediate knee-jerk reactions, which should help limit short-term volatility.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 15 (Bernama) -- The Malaysian rubber market is expected to trade within a narrow range next week, with potential volatility due to global economic and weather-related factors, said industry expert Denis Low.