KUALA LUMPUR, Feb 13 — Bursa Malaysia was marginally lower in early trade today as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.
KUALA LUMPUR, Feb 13 — The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
KUALA LUMPUR, Feb 12 — The ringgit ended flat against the United States (US) dollar on cautious sentiment regarding the current economic outlook.
KUALA LUMPUR, Feb 12 — The Bursa Malaysia bounced back today to end at a one-month high after the previous session’s sell-off, boosted by gains in heavyweights, amid the upbeat showing in regional peers despite Wall Street’s mixed performance overnight.
KUALA LUMPUR, Feb 12 — Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, 12 Feb — Malaysia exported 54,665 tonnes of palm oil and palm-based products worth RM288.23 million to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan in Central Asia in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Feb 12 — Malaysia’s full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
KUALA LUMPUR, Feb 12 — Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
KUALA LUMPUR, Feb 12 — The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
KUALA LUMPUR, Feb 11 — The Finance Ministry (MOF), together with the Investment, Trade, and Industry Ministry (Miti) and the automotive industry, is reviewing the vehicle valuation method to ensure that tax is imposed fairly, neutrally, and consistently.
KUALA LUMPUR, Feb 10 — The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States' (US) import tariff on steel and aluminium industries supported the greenback.
KUALA LUMPUR, Feb 10 — The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia.
KUALA LUMPUR, Feb 10 — Malaysia’s palm oil production remained resilient despite potential disruption from floods that have hit several states in recent months, the Malaysian Palm Oil Board (MPOB) said on Monday.
KUALA LUMPUR, Feb 10 — Malaysia’s industrial sector is poised to maintain positive momentum in the near term, underpinned by resilient domestic demand and a gradual easing of supply chain constraints, said Public Investment Bank Bhd (PIBB).
KUALA LUMPUR, Feb 10 — Local institutions continued to support Bursa Malaysia for the 16th consecutive week, with net purchases totalling RM194.2 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).
KUALA LUMPUR, Feb 10 — Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
KUALA LUMPUR, Feb 10 — The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
SHAH ALAM, Feb 9 — Malaysia is optimistic about achieving a trade growth trajectory in 2025 and maintaining levels above RM2 trillion, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Feb 8 — The ringgit is expected to trade within the 4.40-4.45 range against the United States (US) dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.
KUALA LUMPUR, Feb 7 — Malaysia’s international reserves rose to US$116.4 billion (RM5.16 trillion) as of January 31, from US$115.5 billion on January 15, said Bank Negara Malaysia.
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