Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

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.

Rubber Market Likely To Trade Lower Next Week On Cautious Sentiment

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 22 (Bernama) -- The Malaysian rubber market is expected to trade sideways, with a slight tendency to decline next week, as various industries remain cautious about Donald Trump’s tariff policies, said industry expert Denis Low.

Interest In Blue Chips Lifts Fbm KLCI Marginally Higher At Close

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst. 

Ringgit Ends Higher Against US Dollar On Improved Sentiment

By Karina Imran

KUALA LUMPUR, March 21 (Bernama) -- The ringgit ended higher against the US dollar on improved sentiment towards the local currency, said an analyst. 

Inflation Rises At A Slower Rate Of 1.5 Pct In Feb 2025 – DoSM

KUALA LUMPUR, March 21 (Bernama) -- Malaysia's inflation rose at a slower pace of 1.5 per cent in February 2025, with the index standing at 134.1 points compared with 132.1 in the same month a year earlier, the Statistics Department (DoSM) said.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia was higher at the midday break today as the buying momentum in selected heavyweights helped lift the key index.

Capital Market Rises To RM4.2 Trillion In 2024 On Strong Equity, Bond Markets - SC

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.

IKEA Plans Physical Store In Sarawak

KUCHING, March 20 (Bernama) -- IKEA, the Swedish home furnishings retailer, plans to open a physical store in Sarawak as part of its effort to expand its presence in Malaysia.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s overnight gains after the US Federal Reserve (Fed) kept interest rates unchanged and reaffirmed its forecast for two rate cuts this year.  

Ringgit Opens Higher After FOMC's Dovish Tone

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.  

Jewellery Makers Continue To Shine Despite Soaring Gold Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.

Ringgit Opens Higher As US Govt Shutdown Averted

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.