1m ago
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.
1m ago
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.
1m ago
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.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.
1m ago
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.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.
1m ago
PADANG BESAR, Aug 28 (Bernama) -- The Tuanku Syed Sirajuddin Free Trade Zone - Perlis Inland Clearance Depot (PIP) has handled 100,000 twenty-foot equivalent units (TEUs) of cargo in the four-and-a-half months since it began full operations in April.
1m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Holafly’s Global Team-Building Index has identified Lisbon, Portugal, as the world's leading destination for corporate getaways, driven by its coastal activities, flight connectivity, and competitive costs.