1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Precision technology, robotics, and digitalisation coupled with research and development (R&D) are vital ingredients for Malaysia to achieve food self-sufficiency, especially in rice production, as it continues to grapple with rising costs and production inefficiencies.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) – Palo Alto Networks, a global leader in cybersecurity, has released its APAC Cybersecurity Predictions for 2025, offering vital insights into the future of cyber threats and strategies to stay ahead of the curve.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely maintain their upward trajectory next week, supported by a positive outlook for physical gold on the London Bullion Market Association.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.