Bursa Malaysia Edges Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning session in the red, tracking mixed performances in regional markets and on Wall Street amid cautious trading.

Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

Bursa Malaysia Likely To Trade Within Narrow Range Next Week

By Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range on cautious mode amid geopolitical uncertainties, said an analyst. 

Rubber Market Likely To See Flat Trading Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.

Anwar's Russia Visit Expands Malaysia's Geo-economic Reach, Global Cooperation – MITI

KUALA LUMPUR, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to Russia marked a strategic effort by the Madani Government to bolster Malaysia-Russia relations, broaden Malaysia’s geo-economic influence, and elevate its global economic standing.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

Ringgit Rebounds Slightly Vs USD In Early Trade

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.

Gold Futures Close Marginally Lower

KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally lower amidst continued concerns over escalating geopolitical tensions, the United States (US) election uncertainties as well as the slower pace of US interest rate cuts, analysts said. 

Ringgit Ends Lower Vs US Dollar As External Factors Weigh

By Rosemarie Khoo

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst. 

EBC, DiNapoli Experts Provide Insights To Navigate Volatile Markets

KUALA LUMPUR, Oct 22 (Bernama) -- EBC Financial Group (EBC), in partnership with DiNapoli Experts, has hosted ‘Harnessing the Power of DiNapoli Indicators to Conquer Black Swan Events’, an exclusive gathering that brought together financial experts, traders, investors, and economic strategists to explore key strategies for navigating volatile markets.

Rafizi To Present On Key Issues Affecting Global South In BRICS Summit

PUTRAJAYA, Oct 22 (Bernama) -- Minister of Economy Rafizi Ramli is scheduled to deliver Malaysia’s national statement at the BRICS Outreach/BRICS Plus Summit in Kazan, Russia, on Oct 24, 2024.

MIDF Maintains 2024 GDP Forecast At 5.0 Pct 

KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.