5m ago
KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months.
6m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.
6m ago
By Anas Abu Hassan
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
6m ago
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s headline inflation eased further to 1.1 per cent in June 2025 from 1.2 per cent in May, while core inflation remained unchanged at 1.8 per cent, said Bank Negara Malaysia (BNM).
6m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia languished in the red for most of the day but managed to eke out paltry gains to settle at an intraday high on Wednesday due to late buying interest in selected heavyweights led by industrial products and financial services sectors.
6m ago
KUALA LUMPUR, July 30 (Bernama) -- Alliance Bank Malaysia Bhd is cautiously optimistic of its financial performance ending March 31, 2026 (FY2026) amid economic headwinds, said group chief executive officer Kellee Kam.
6m ago
KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia Bhd is maintaining its pre-tax profit (PBT) target of between RM369 million and RM408 million for the financial year ending Dec 31, 2025 (FY2025).
6m ago
KUALA LUMPUR, July 29 (Bernama) -- BMI, a Fitch solutions company, has maintained its broadly positive outlook for consumer spending in Malaysia over 2025, with the country’s healthy macroeconomic outlook driving real-term growth in household incomes.
6m ago
KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd.
6m ago
KUALA LUMPUR, July 22 (Bernama) -- Research firms have revised their forecasts for Malaysia’s headline inflation in 2025, lowering it to 1.5 per cent to 1.8 per cent.
6m ago
KUALA LUMPUR, July 18 (Bernama) -- The government’s advance economic growth estimate of 4.5 per cent for the second quarter of 2025 (2Q 2025) beats most analysts’ projections, demonstrating the country’s economic resilience.
6m ago
KUALA LUMPUR, July 17 (Bernama) -- AMMB Holdings Bhd (AmBank Group) expects Malaysia’s gross domestic product (GDP) to grow at a moderate rate of around four per cent year-on-year in the second quarter of 2025 (2Q 2025), supported by continued front-loading activities that benefit the external sector.