KUALA LUMPUR, March 6 — Bursa Malaysia ended the morning trading session higher on continuous buying support, led by plantation and energy counters.

KUALA LUMPUR, March 6 — After two consecutive weeks of net buying, foreign funds left the domestic market last week after net selling RM338.7 million worth of Malaysian equities, said MIDF Research.

KUALA LUMPUR, March 6 — The ringgit opened higher against the US dollar today on renewed demand for the local currency in tandem with the rebound on the equity market, said an analyst.

KUALA LUMPUR, March 4 — The ringgit is expected to endure more volatility next week ahead of Bank Negara Malaysia’s monetary policy committee (MPC) meeting on the overnight policy rate (OPR) on March 9.

KUALA LUMPUR, March 3 — The ringgit closed lower against the US dollar as local market sentiment remained weak due to the United States Federal Reserve’s (Fed) hawkish stance.

KUALA LUMPUR, March 3 — RHB Research believed that banks are still cautiously optimistic about economic prospects, and any potential deterioration in asset quality should be manageable as lending indicators close to pre-pandemic levels.

KUALA LUMPUR, March 3 — The ringgit opened lower against the US dollar on Friday on better demand for the greenback due to a more hawkish stand by the United States Federal Reserve (Fed), said an analyst.

KUALA LUMPUR, March 2 — The ringgit settled little changed against the US dollar today due to a lack of interest in the local unit.

KUALA LUMPUR, March 2 — Amazon Web Services’ (AWS) latest investment will further enhance Malaysia’s competitiveness in the information and communications technology (ICT) industry while helping small and medium enterprises (SMEs) foster innovation, in line with the country’s digital aspirations.

KUALA LUMPUR, March 2 — Malaysia's manufacturing sector is expected to expand by 4.4 per cent in 2023, faster than the official forecast of 3.9 per cent, said Public Investment Bank Bhd (Public IB).

KUALA LUMPUR, March 2 — The ringgit traded higher against the US dollar at the opening today amid conflicting signals from the United States on inflation and interest rates, said an analyst.

KUALA LUMPUR, March 1 — The Malaysian Palm Oil Council (MPOC) said that despite engagements and consultations, there was no commitment forthcoming from the European Union (EU) on key concerns that the government and council have set out.

KUALA LUMPUR, March 1 — The ringgit rebounded after three consecutive trading days of losses to close higher against the US dollar today as strong China manufacturing data spurred risk-on sentiment.

KUALA LUMPUR, March 1 — The retail prices of RON97 and RON95 petrol and diesel will remain unchanged for the week from March 2 to March 8.

KUALA LUMPUR, March 1 — Moody’s Investors Service has maintained a stable outlook on 13 Asia-Pacific (APAC) banking systems, including Malaysia.

KUALA LUMPUR, March 1 — The government is aiming to increase the realisation rate of foreign direct investments (FDIs) of RM200 billion recorded in the last three years, which currently stands at 30 per cent.

KUALA LUMPUR, March 1 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, March 1 — The ringgit continued to weaken against the US dollar this morning as the market is concerned about the United States inflation which would determine the Federal Reserve (Fed) pivot.

REUTERS, March 1 — Capital A Berhad, parent of budget airline AirAsia, returned to profitability in the fourth quarter, benefiting from strong pent-up demand for air travel and said China's reopening would further improve its business.

KUALA LUMPUR, Feb 28 — Malaysia Airports Holdings Bhd (MAHB) returned to the black after posting a RM187.2 million net profit in the financial year ended December 31, 2022 (FY2022), versus a net loss of RM766.44 million in the previous financial year.