By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as investors awaited Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decision on the Overnight Policy Rate (OPR) later today.
KUALA LUMPUR, Sept 2 (Bernama) -- AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1 billion (US$1=RM4.04) in international debt markets and RM700 million in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.
KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based selling, as weaker global sentiment weighed on investor risk appetite.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Sept 1 (Bernama) -- Close coordination between the governments, authorities and manufacturers will be crucial to minimise disruptions to industrial operations should Malaysia face a severe and prolonged El Nino, according to the Federation of Malaysian Manufacturers (FMM).
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
BATU PAHAT, Aug 30 (Bernama) – The Ministry of Plantation and Commodities (KPK), through its agencies including the Malaysian Palm Oil Board (MPOB), is ready to assist smallholders in dealing with the effects of the El Nino phenomenon.
From Abdul Hamid A Rahman
GUIYANG, CHINA, Aug 30 (Bernama) -- As a Malaysian journalist on assignment to observe Guiyang’s growing digital economy during Merdeka month, my first lesson about life in one of China’s emerging technology cities did not come from an artificial intelligence laboratory, a data centre or an autonomous vehicle.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are likely to trade higher next week, in line with the cash market, said an analyst.
