From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.
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) -- Bursa Malaysia remained higher at midday, buoyed by the industrial products and services, telecommunications and media, and financial services counters.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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) -- Bursa Malaysia stopped for the midday break in upbeat mode, rising above the 1,600-point level as investors bought selected heavyweight stocks in industrial products and services, utilities, telecommunications and media.
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia’s key index opened marginally higher today despite a weaker Wall Street showing last Friday, as analysts cautioned that the Trump-inspired rally may have run its course following the Republicans’ control of both the House and Senate.
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) -- Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia’s key index opened higher today on renewed buying interest, bucking the weaker Wall Street overnight performance.
