12h ago
KUALA LUMPUR, Nov 6 (Bernama) -- A consortium comprising MISC Bhd and Yinson Holdings Bhd’s (YHB) major shareholders Yinson Legacy Sdn Bhd (YLSB) and the Employees Provident Fund (EPF) have proposed to take YHB private in a deal valued at RM4.03 billion.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher for the third consecutive day on Thursday, as improved risk appetite supported market sentiment.
1d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent is appropriate given the country's resilient economic growth and contained inflation, although a rate normalisation remains possible in 2027, economists said.
1d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Skyro has launched its first credit product in Malaysia, offering eligible consumers a digital way to access short-term financing for everyday financial needs.
1d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia remained firm at mid-morning, supported by continued buying across all banking heavyweight counters ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision, amid expectations of an interest rate hike.
1d ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking Wall Street’s positive overnight performance as improving global sentiment and easing geopolitical concerns lifted investor confidence.
2d ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday ahead of Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) decision, with expectations of an interest rate hike lending support to the local currency.
4d ago
KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.
4d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended higher today, recovering from early losses to remain above the 1,600-point level, supported by selective bargain hunting in telecommunications and commodity-related heavyweights despite continued weakness in technology stocks.
4d ago
KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit could trade between 4.10 and 4.20 against the US dollar in 2027, compared with its current range of 4.05 to 4.10, according to HSBC Global Investment Research.
5d ago
KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.
7d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.