11d ago
KUALA LUMPUR, July 16 (Bernama) -- The ringgit opened lower against the US dollar today as the greenback strengthened on waning hopes of an interest rate cut this month by the United States.
11d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 15 (Bernama) -- The ringgit finished higher against the US dollar at the close on Tuesday as market sentiment improved on the back of better-than-expected economic data from China.
11d ago
KUALA LUMPUR, July 15 (Bernama) -- The Malaysian rubber market finished lower today, influenced by declining crude oil prices, as markets weighed United States (US) President Donald Trump’s 50-day ultimatum for Russia to end the Ukraine war, along with threats of sanctions on buyers of Russian oil, a dealer said.
12d ago
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia continued its negative tone at midday as investors assessed the impact of United States (US) tariffs on key trading partners amid mixed regional market performance.
12d ago
KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.
12d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 15 (Bernama) -- The trade permit imposed for United States (US) origin high-performance artificial intelligence (AI) chips reaffirms Malaysia’s commitment as a trusted hub for managing advanced technology exports, transshipments, and transits.
12d ago
SEPANG, July 15 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has invested RM30 million in the first half of 2025 to improve overall passenger experience and operational efficiency at Kuala Lumpur International Airport Terminal 1 (KLIA T1), marking the group’s first major airport upgrade since its privatisation in February.
12d ago
By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald
KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia reversed last Friday’s losses to close higher on Monday, tracking gains in regional markets.
13d ago
KUALA LUMPUR, July 14 (Bernama) -- ASEAN-6 gross domestic product (GDP) growth is expected to moderate to 4.4 per cent in 2025 and 2026 from 4.9 per cent in 2024, according to Maybank Investment Bank Bhd (Maybank IB).
13d ago
KUALA LUMPUR, July 14 (Bernama) -- CIMB Investment Bank Bhd anticipates a moderate 4.3 per cent year-on-year (y-o-y) growth, as expectations of higher tariffs set in and a softer Industrial Production Index (IPI) point to a potential slowdown in the second quarter of 2025 (2Q 2025).
14d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.
15d ago
By Siti Noor Afera Abu and Danni Haizal Danial Donald
KUALA LUMPUR, July 12 (Bernama) -- Bursa Malaysia is expected to trade sideways next week, with the index’s bullish momentum likely dependent on key macroeconomic data from China and the United States (US).