11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
11m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Last year’s 5.1 per cent gross domestic product (GDP) growth and Bursa Malaysia’s positive performance had indeed benefitted the rakyat, said Prime Minister Datuk Seri Anwar Ibrahim.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Productivity improvements can be achieved through upskilling programmes such as Technical and Vocational Education and Training (TVET), mastery of artificial intelligence (AI) technology, and the establishment of centres of excellence, said Prime Minister Datuk Seri Anwar Ibrahim.
11m ago
KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The local rubber market closed higher on Monday, supported by weaker supply in natural rubber (NR) producing nations, according to a dealer.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- Thailand’s non-life insurance market made a strong recovery in 2023, posting an underwriting gain of 13.0 billion Thai baht following a net underwriting loss of 50.7 billion Thai baht in 2022, according to a new AM Best report. (100 Thai baht = RM13.02)
11m ago
KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia turned mixed at midday, following the broadly positive cues from Wall Street’s performance last Friday as investors brushed off concerns over rising tensions between Ukraine and the United States (US).
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.7 in February 2025, the highest reading since last August, S&P Global said.
11m ago
KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday amid cautious trading ahead of the United States government’s import tariff imposition on Canada and Mexico as well as China.
11m ago
KUALA LUMPUR, March 2 (Bernama) -- The Employees Provident Fund’s (EPF) decision to declare a 6.30 per cent dividend for both conventional and shariah savings for 2024 will bolster confidence in the capital market and investment sector, an economist said.