8m ago
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
8m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 15 (Bernama) -- The Malaysian rubber market snapped a four-day winning streak to close lower on Thursday, weighed down by losses in regional rubber futures markets, a sharp drop in crude oil prices, and the continued strengthening of the ringgit against the US dollar, said a dealer.
8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close in negative territory on Thursday as broad-based profit-taking following the recent uptrend mirrored the performance of most regional markets, an analyst said.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, extending its gains by tracking the uptrend in the soybean oil market, said palm oil trader David Ng.
8m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 14 (Bernama) -- The Malaysian rubber market extended its uptrend on Wednesday, tracking gains in regional rubber futures markets amid continued optimism over a potential United States (US)-China trade truce, said a dealer.
8m ago
KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, pressured by a stronger US dollar.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, is projecting sustained expansion in domestic spending following stronger retail sales recorded in March 2025.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.
8m ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.