1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, with market sentiments supported by an uptrend in the regional rubber futures markets and concerns over the global natural rubber supply caused by adverse weather, a dealer said.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) – There are untapped business opportunities that Malaysia can explore with Russian businesses, particularly amid concerns about rising tariffs, offering both countries a chance to grow trade volumes and strengthen economic ties.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) – Malaysia is seen leveraging its role as ASEAN Chair in 2025 to maintain its economic stability and position itself as a key regional player amid global economic uncertainties stemming from US President-elect Donald Trump’s policies.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Gas Bhd's (PetGas) net profit climbed to RM493.67 million in the third quarter ended Sept 30, 2024 (3Q FY2024), up from RM468.46 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday, amid a firm US Dollar Index (DXY) as the Federal Reserve (Fed) minutes signalled a pause in the rate cut cycle.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.