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 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.

Bursa Malaysia Lower In Early Trade

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher on Friday but soon retreated, with profit-taking seen in industrial products and construction counters, despite Wall Street’s ending higher overnight.

Gold Futures End Lower On US Higher-for-longer Rate Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed by concerns that US interest rates could remain higher for longer despite softer-than-expected inflation data.

Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Ringgit Expected To Stabilise By End-August – Kenanga IB

KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia opened higher on Monday, taking cues from gains on Wall Street on Friday.