KUALA LUMPUR, June 3 — Proton Holdings Bhd said there were early signs of recovery as it sold 5,676 vehicles, an improvement of 73.2 per cent compared with March 2020, despite the need to comply with the standard operating procedures of the conditional movement control order (CMCO).

NEW YORK, June 3 — Oil prices gained on Tuesday as market participants bet on extending output cuts by major oil producers, reported Xinhua news agency.

KUALA LUMPUR, June 3 — The ringgit was higher against the US dollar in the early session today on better demand for emerging Asian currencies, including the ringgit, as the greenback loses its safe-haven shine with investors optimistic of a global economic recovery.

KUALA LUMPUR, June 3 — Some 10.25 million people, or 67.2 per cent of the workforce, had returned to work as of May 17, up from 6.64 million people or 43.6 per cent a week earlier (May 10), says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, June 2 — The Short-Term Economic Recovery Plan for June to December period will be launched by Prime Minister Tan Sri Muhyiddin Yassin this month, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, June 2 — Malaysia’s Manufacturing Purchasing Managers’ Index (PMI), which jumped to 45.6 in May from April’s record low of 31.3, has suggested signs of stabilisation and may be heading for growth in the third quarter of 2020, an investment bank and research house said.

KUALA LUMPUR, June 2 — The ringgit opened higher against the US dollar today as the procession of good news weighs on safe-haven US dollar, with market players anticipating that the worst of Covid-19's economic slowdown is behind Asia and the developed world.

KUALA LUMPUR, June 1 — After the “largely expected” economic contraction for the 2020 second quarter (Q2), Malaysia may see a gradual recovery starting from the third quarter depending on its progress in containing the Covid-19 outbreak, said MIDF Research.

KUALA LUMPUR, June 1 — The ringgit was slightly higher against the US dollar in the early session today on mild demand for the local note, as global oil price increase helped to lift market sentiment towards the ringgit.

KUALA LUMPUR, May 29 — The short-term economic recovery plan which will be announced by the Prime Minister will see continued cooperation between the government and the private sector to ensure its smooth and orderly implementation to revive the economy.

KUALA LUMPUR, May 29 — The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst.

KUALA LUMPUR, May 29 — Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment.

KUALA LUMPUR, May 28 — The retail and office space sectors are among the notable casualties of Covid-19 pandemic as people adapt to the new norm of online shopping and working from home that had deteriorated demand and value for both sectors in the short term.

KUALA LUMPUR, May 28 — Malaysia has successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (Vesom) on Covid-19, in a four-hour meeting which began 7 pm Malaysian time yesterday.

KUALA LUMPUR, May 28 — Bursa Malaysia extended yesterday’s upward momentum to opened higher this morning amid positive market sentiment with buying spotted in the selected index-linked counters and small capitalisation stocks.

NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy.

KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies' credit quality have become more apparent.

KUALA LUMPUR, May 24 — Foreign investors continued to exit Bursa Malaysia for the May 18 to 21 periods, recording a total net outflow of RM394.34 million, as the country entered the third week of its conditional movement control order (CMCO) enforcement amidst the Covid-19 pandemic.

KUALA LUMPUR, May 23 — Consumer behaviour has possibly changed due to the Covid-19 pandemic, making the new normal permanent — something retailers need to prepare for to help the economy recover.

KUALA LUMPUR, May 22 — The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week movement control order (MCO) beginning on March 18 to curb the spread of Covid-19.