BNM Maintains OPR Unchanged At 2.75 Pct

KUALA LUMPUR, Sept 3 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent at its meeting today.

Bursa Malaysia Opens Higher Ahead Of BNM OPR Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by gains in financial, plantation and utilities stocks, as investors awaited Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision later in the day and tracked Wall Street’s positive overnight performance.

CPO Futures End Lower Amid Soybean Oil Weakness, Softer Exports

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Wednesday, tracking weakness in soybean oil futures and after recent softer exports of palm oil.

AirAsia’s US$1 Bln Fundraising To Refinance Debt, Strengthen Balance Sheet

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.

Ringgit Weakens Against US Dollar, Mixed Against Other Major Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.

Rubber Market Falls On Profit-taking, Position Rebalancing

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 2 (Bernama) -- The rubber market ended lower today, tracking declining regional rubber futures markets amid profit-taking and position rebalancing, a dealer said.

Bursa Malaysia Ends Higher On Bargain Hunting Ahead Of BNM Rate Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.

Boomi Accelerates Bakers Delight’s Digital Rollout

KUALA LUMPUR, Sept 2 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced that Bakers Delight has modernised its digital marketing systems using the Boomi Enterprise Platform, significantly reducing the time required to roll out new systems.

MBSB Sees Ringgit Supported By Resilient Fundamentals, Maintains RM4.01 2026 Outlook

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.

Bursa Malaysia Pares Early Gains On Wall Street Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday but pared its gains soon after, tracking Wall Street’s overnight weakness as higher crude oil prices and rising United States (US) bond yields weighed on market sentiment.

Ringgit Opens Lower Vs Greenback Amid Higher Oil Prices, Fed Rate Hike Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.

CPO Futures End Higher, Tracking Stronger Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by stronger Chicago Board of Trade (CBOT) soybean oil prices.