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KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.
PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 5 (Bernama) -- Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.
KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 4 (Bernama) -- More than 25 prominent companies are participating in the Malaysia Semiconductor Recruitment Day 2024 which kicked off here today, with over 2,000 graduates registered for the two-day event aimed at connecting job seekers with top industry players.
KUALA LUMPUR, Oct 4 (Bernama) -- Pestech International Bhd (Pestech) has entered into a conditional subscription agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed restricted issuance of the company's shares worth RM160 million.
KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.
JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).
By Zarul Effendi Razali
KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring the weaker performance in the regional markets as sentiments remained cautious due to the Middle East tensions, said an analyst.
