Asia-Pacific Region To Grow 4.2 Pct; AI Boom To Cushion Headwinds

KUALA LUMPUR, Aug 25 (Bernama) -- Moody’s Analytics expects growth across the Asia-Pacific region to moderate to 4.2 per cent this year from 4.3 per cent in 2025, before slowing further to 3.6 per cent next year, as higher prices and tighter policy weigh on demand.

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia’s strong economic data, an analyst said.

Bursa Malaysia Likely To Trade With An Upside Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, with the benchmark index seen within the 1,725-1,750 range next week, an analyst said.

Bursa Malaysia Ends Flat On Renewed Global Bond Yields, Geopolitical Concerns

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended little changed on Friday, as investors remained cautious amid renewed pressure on global bond yields and geopolitical tensions, an analyst said.

Ringgit Gains As US Debt Weighs On Greenback, Easing Rate Hike Expectations

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.

Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

Ringgit Opens Higher Vs US Dollar As Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.

Ringgit Closes Higher Against Major And Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.

Bursa Malaysia Opens Lower On Profit-Taking

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.

TH Needs To Focus On Sustainable Returns, Prioritise Savings Of Pilgrims - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 16 (Bernama) -- Lembaga Tabung Haji (TH) needs to focus on reasonable and sustainable investment returns commensurate with the level of risk that can be accepted, with the protection of the savings of prospective pilgrims remaining a priority, according to an economist.