Sustained Buying Lifts Bursa Malaysia Higher At Midday
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.
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Uzbekistan Keen To Deepen Investment, Business Links With Malaysia, ASEAN
TASHKENT, June 16 (Bernama) -- Uzbekistan is keen to strengthen investment and business ties with Malaysia and other ASEAN countries, particularly in high-value-added industries, manufacturing and small and medium enterprises (SMEs).
Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.
Gold Futures Close Higher On Lower Oil Prices
KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.
Ringgit Closes Lower Against Greenback On BOJ Interest Rate Increase
By K. Naveen Prabu
KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates.
Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations
KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.
Gold Futures Close Higher Amid Lower Oil Prices
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.
Inflation Expected To Remain Between 1.5 And 2.5 Pct This Year - Akmal Nasrullah
PUTRAJAYA, June 15 (Bernama) -- The Economy Ministry expects Malaysia's inflation rate to remain under control at between 1.5 and 2.5 per cent throughout this year despite pressure from the energy supply crisis and global geopolitical uncertainties.
KLCI Futures Likely To Remain Positive Next Week
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.