Genting Plantations Posts Higher 1Q Net Profit Of RM61.25 Mln

KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

Ringgit Higher Against US Dollar On US Trade Talks Optimism

KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.

Bursa Malaysia Closes Lower On Continued Profit-taking

By Zarul Effendi Razali

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia reversed early gains to close marginally lower today, dragged down by profit-taking in financial services as well as industrial products and services counters, an analyst said. 

Bursa Malaysia Ends Lower On Profit-Taking

By Zufazlin Baharuddin

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance. 

Bursa Malaysia Retreats At Midday On Continuous Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia retreated at midday today, following a mixed performance earlier at midmorning as continuous profit-taking activities persisted despite mostly positive regional market trends.

Ringgit Eases Against US Dollar Amid Global Economic Uncertainties

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 22 (Bernama) -- The ringgit retreated versus the US dollar at the close today due to renewed concerns over global economic uncertainties and mixed signals from the United States’ (US) monetary policy front, said an economist.

CPO Futures To See Bearish Bias Next Week On Rising Output, Weak Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 19 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a bearish bias next week given the rising output and weak general market sentiment, said palm oil trader David Ng. 

CPO Futures End Lower As Concerns Over Rising Output Weigh On Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower today for the fifth straight day, as concerns over rising output continued to pile pressure on prices.

Bursa Malaysia Ends Lower On Profit-taking, Trade Tariff Concerns

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs. 

Ringgit Firms Slightly Against Dollar In Early Trade

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 9 (Bernama) -- The ringgit edged higher against the US dollar in early trade today, recovering slightly on technical correction after recent losses, amid a mixed overnight performance by the greenback.

Gold Futures Close Lower Amid Price Correction, Tracking Comex Performance And US Tariff Exemption

KUALA LUMPUR, April 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Wednesday due to a price correction while tracking the COMEX gold performance.