KUALA LUMPUR, May 14 — The FTSE Bursa Malaysia KLCI (FBM KLCI) opened marginally higher but turned easier in early trade today, taking its cue from the mixed performance on Wall Street overnight as investors weighed the United States (US) inflation data.
JEJU, May 14 — Minister of Investment, Trade and Industry (Miti), Tengku Datuk Seri Zafrul Aziz is leading Malaysia’s delegation to Jeju, South Korea as trade ministers from the 21 member economies of the Asia-Pacific Economic Cooperation (Apec) are gathered for the 31st meeting.
KUALA LUMPUR, May 14 — The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
BENGALURU, May 14 — Malaysia's economy likely grew at its slowest pace in a year in the first quarter, losing momentum due to weakened household consumption and exports, according to a Reuters poll of economists.
KUALA LUMPUR, May 13 — The ringgit closed lower against the United States (US) dollar today as investors scaled back their expectations for the United States Federal Reserve (US Fed) to cut interest rates.
KUALA LUMPUR, May 13 — Bursa Malaysia extended its upward momentum on Tuesday, soaring 2.32 per cent to a more than two-month high, buoyed by renewed risk-on sentiment as the United States and China took significant steps to de-escalate trade tensions over the weekend.
KUALA LUMPUR, May 13 — Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 13 — Malaysia’s wholesale and retail trade sector recorded total sales of RM154 billion in March, marking a year-on-year (y-o-y) growth of 5.7 per cent, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 13 — The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) on May 8 was to give the Monetary Policy Committee room to assess the impact of the United States-led tariff shock on exports, said Moody’s Analytics.
KUALA LUMPUR, May 13 — The latest United States-China tariff rollback will impact Malaysia’s glovemakers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).
KUALA LUMPUR, May 13 — Bursa Malaysia continued to trade higher in mid-morning, buoyed by positive sentiment spilling over into local and regional markets following the 90-day rollback of US-China tariffs.
KUALA LUMPUR, May 13 — Malaysia’s High Commission in Windhoek yesterday held the third edition of the Malaysian Fruits and Food Promotion show, this time introducing popular local fruits to Namibia.
KUALA LUMPUR, May 13 — The ringgit opened slightly higher against the United States dollar today, supported by positive sentiment from US-China diplomatic negotiations on US’ reciprocal tariffs, an analyst said.
KUALA LUMPUR, May 12 — Malaysia will join regional and global partners this week at the 31st Asia-Pacific Economic Cooperation (Apec) Ministers Responsible for Trade in Jeju, South Korea, with artificial intelligence (AI) and demographic challenges among key priorities and calling for open trade.
KUALA LUMPUR, May 11 — Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.
KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
KUALA LUMPUR, May 9 — The ringgit closed lower against the United States (US) dollar on Friday as news about a possible trade deal between the US and China by the end of the week spurred interest in the greenback.
PUTRAJAYA, May 9 — Malaysia’s labour market continued to chart steady progress in the first quarter of 2025, with key indicators showing growth in employment and labour force participation, coupled with a decline in the unemployment rate, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 9 — Malaysia’s construction sector recorded a 16.6 per cent year-on-year (y-o-y) increase in the value of work done to RM42.9 billion in the first quarter of 2025 (1Q 2025), according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, May 9 — Berjaya Food Bhd is expected to remain weighed down by overhang from geopolitical tensions, which will continue to dampen its performance in the near term, said Hong Leong Investment Bank Bhd (HLIB).
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