By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.
KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports could exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).
KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.
By Karina Imran
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst.
KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)
KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).
KUALA LUMPUR, Sept 23 (Bernama) -- Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024, where the proposed disposal of its aviation business to sister company AirAsia X Bhd (AAX) will be tabled for shareholders’ approval.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 20 (Bernama) -- The prestigious Malaysia International Halal Showcase (MIHAS) 2024 Awards returns this year with a new category, the Sustainability Award, recognising efforts in the adoption of sustainable practices in the Halal industry.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 21 (Bernama) -- Stronger export performance is expected to boost the crude palm oil (CPO) futures on Bursa Malaysia Derivatives next week, said a trader.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
