KUALA LUMPUR, June 11 — Bursa Malaysia opened higher today, despite the weaker overnight performance of Wall Street as investors assessed the dovish statement from the US Federal Reserve (Fed), dealers said.

KUALA LUMPUR, June 11 — The ringgit appreciated against the US dollar in early trade on buying support today after the United States' Federal Reserve (US Fed) maintained its monetary policy, a dealer said.

KUALA LUMPUR, June 10 — A joint survey conducted by the Japanese Chamber of Trade and Industry Malaysia (Jactim) and Japan External Trade Organisation (Jetro) showed that most Japanese companies operating in Malaysia are likely to maintain status quo on their investment in the next one to two years, with some planning after Covid-19.

KUALA LUMPUR, June 10 — Tenaga Nasional Bhd's (TNB) net profit declined to RM717.9 million for the first quarter ended March 31, 2020, from RM1.56 billion in the same period last year.

KUALA LUMPUR, June 10 — The ringgit was higher against the US dollar in early trade today on better demand for the local note despite lower global oil price and weak US inventory reports.

KUALA LUMPUR, June 10 — Airlines are expected to lose US$84.3 billion (RM360 billion) this year for a net profit margin of -20.1 per cent, while revenues will be halved to US$419 billion (RM1.8 trillion), according to the International Air Transport Association (IATA).

KUALA LUMPUR, June 9 — The ringgit extended last Friday’s upward momentum to trade higher against the US dollar in the early session today on renewed buying interest.

KUALA LUMPUR, June 8 — Malaysia's economy can be expected to be on the recovery path starting from the end of this year and return to growth into 2021, said The World Bank.

KUALA LUMPUR, June 5 — The global rubber demand is expected to return to positive growth in June 2020 with the expectations of natural rubber consumption growing 0.4 per cent after declining in April (-23.1 per cent) and May 2020 (-10.1 per cent).

KUALA LUMPUR, June 5 — Malaysia’s services exports reached an all-time high by recording RM169.8 billion with a growth of 4.6 per cent in 2019, boosted by favourable performance in travel, air transport and professional services, according to the Department of Statistics, Malaysia (DOSM).

KUALA LUMPUR, June 5 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$102.9 billion as at May 29, 2020 compared with US$102.6 billion as at May 15, 2020 In a statement today, BNM said the reserves position is sufficient to finance 8.1 months of retained imports and is 1.1...

KUALA LUMPUR, June 5 — The worst of the catastrophic blow to the global economy caused by the Covid-19 pandemic is over, and the severe downturn that has engulfed the global economy since the beginning of the year likely hit bottom in May, said Moody’s Analytics chief economist Mark Zandi.

KUALA LUMPUR, June 5 — The ringgit advanced against the US dollar in the early session today on better demand for the local note, as the greenback, a safe haven-linked currency succumbed against the backdrop of firm risk-on sentiment.

KUALA LUMPUR, June 5 — Pegging the ringgit during the Covid-19 crisis is not appropriate, given the issues confronting the nation are related to health and economic integration.

KUALA LUMPUR, June 4 — AirAsia Group Bhd (AAGB) has clarified that the company is currently evaluating several proposals to raise capital to strengthen its equity base or liquidity.

KUALA LUMPUR, June 4 — The export and import unit value indices shrank by 1.7 per cent and 1.2 per cent month-on-month (m-o-m) to 114.1 points and 114.8 points, respectively, in April 2020, said the Department of Statistics Malaysia.

KUALA LUMPUR, June 4 — The Covid-19 pandemic, which has caused major disruptions to the global supply chain, has dragged Malaysia to record a trade deficit of RM3.5 billion in April 2020, after 269 consecutive months of surplus on account of higher contraction in exports compared to imports.

KUALA LUMPUR, June 4 — Local industries and businesses should turn to digitalisation as a medium in establishing the Malaysian brand globally in the "new normal" era.

NEW YORK, June 4 — Stronger appetite for riskier assets is set to lift Asian equities today, as government stimulus expectations support investor confidence in economic recovery from the coronavirus.

KUALA LUMPUR, June 4 — The ringgit eases against the US dollar in the early session today on mild profit-taking following the local note’s three straight days of gains.