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By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.
By Anas Abu Hassan
KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia remained lower at midday, along with most regional markets, as rising oil prices caused by the Middle East conflict weighed on sentiment, said an analyst.
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).
VIENTIANE, Oct 8 (Bernama) -- ASEAN must maintain its neutrality in the face of global geopolitical tensions to stimulate foreign investments in the region, said Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.
By Rosmalis Anuar
VIENTIANE, Oct 7 (Bernama) -- Malaysia has emphasised three key strategies to strengthen ASEAN’s economic resilience as global expansion is projected to be at a subdued pace, affected by ambiguity in inflation, heightened geopolitical tensions and increasing geoeconomic fragmentation.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.
KUALA LUMPUR, Oct 7 -- Prime Minister Datuk Seri Anwar Ibrahim has assured that the government will not be complacent or “rest on its laurels,” but will remain vigilant in the face of regional and global challenges, even as structural reforms yield positive results.
KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.
