1y ago
By Karina Imran
KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid Wall Street’s mixed performance overnight as traders expect a potentially less aggressive rate cuts by the United States (US) Federal Reserve (Fed) next month, said an analyst.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The government’s allocation of RM900 million for the “Program Residensi Rakyat” (PRR) and “Rumah Mesra Rakyat” housing schemes under Budget 2025 is set to address the critical need for more affordable housing options in the face of economic uncertainty.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia started on a positive note but later retreated as investors capitalised on profits following a mixed performance on Wall Street overnight, an analyst reported.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- After three weeks of selling, foreign investors shifted to buying domestic equities, resulting in a significant inflow of RM404.1 million last week, compared to the RM45.7 million outflow recorded in the previous week.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit closed marginally higher against the US dollar today on positive market sentiment following the unveiling of the national budget, according to an analyst.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the second consecutive day on Friday, in line with the Chicago Board of Trade soybean oil futures.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The federal government revenue is estimated to grow 5.5 per cent to RM339.7 billion next year from the RM322.1 billion expected in 2024, in tandem with a better economic outlook next year, said the Finance Ministry (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday due to weakness in Chicago Board of Trade soybean oil futures, palm oil trader David Ng said.