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KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
KUALA LUMPUR, Nov 20 (Bernama) -- The global tech upcycle and front-loading activities will likely support Malaysia's trade performance in the fourth quarter of 2024 (4Q 2024), said CIMB Securities Sdn Bhd.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).
KUALA LUMPUR, Nov 19 (Bernama) -- Pantheon, a global private markets investor, has launched two funds to expand its private wealth offerings across asset classes in key growth markets globally.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s inflation is projected to average 2.0 per cent to 3.5 per cent in 2025, factoring in domestic policy measures outlined in Budget 2025, said Bank Negara Malaysia (BNM).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit, along with other emerging market currencies, continued to depreciate against the greenback on Thursday as uncertainties over Trump 2.0 policies and their impact on the US Federal Reserve’s (Fed) monetary policy looms large, an economist said.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia gave up gains in the early session to close lower today, mirroring weak regional sentiment after negative cues from global equities overnight.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia remained lower at midday today, mirroring the mostly weaker regional market performance after US consumer price index (CPI) data last night showed sticky inflation.
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia opened higher today, buoyed by continued buying interest amid Wall Street’s mixed performance overnight after the United States (US) inflation data came in within expectations.
