20d ago
KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.
22d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within a volatile range of 1,500 to 1,530 next week, pending the emergence of new market-moving developments.
22d ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 31 (Bernama) -- The ringgit is likely to be traded cautiously against the US dollar next week amid ongoing uncertainties surrounding US tariff policy developments, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
22d ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 31 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade higher next week as investors may shift to safe-haven assets amid renewed market uncertainty on US tariff policy developments, said SPI Asset Management managing partner Stephen Innes.
22d ago
KUALA LUMPUR, May 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on improved appetite for the precious metal amid renewed market uncertainty amid US tariff policy developments.
22d ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 30 (Bernama) -- The ringgit closed lower against the US dollar on Friday amid renewed market uncertainty after a US federal appeals court granted the White House’s request to temporarily pause a lower-court ruling which struck down President Donald Trump’s tariffs on imports.
22d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
23d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia failed to sustain earlier gains and ended the week on a weaker note, weighed down by continued selling pressure in heavyweight and midcap stocks amid downbeat regional sentiment.
23d ago
KUALA LUMPUR, May 30 (Bernama) -- Malaysia’s economic growth could rebound to the earlier projection of 4.6 per cent from 4.0 per cent for 2025 if the sweeping US tariffs were removed, according to MIDF Amanah Investment Bank Bhd.
23d ago
KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia was lower at midday, dragged down by selling in selected utilities, consumer products and services heavyweight counters, amid lingering cautious sentiment surrounding global trade tariffs.
23d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia opened higher on renewed buying interest, tracking positive overnight performance on Wall Street, said an analyst.
23d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.