KUALA LUMPUR, April 21 — As Covid-19 continued to weaken the global economy, economic spillovers from country-specific shocks are quickly escalating into second-round of shocks that dampened Asia Pacific’s recovery from the pandemic.

NEW YORK, April 21 — US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears, reported Xinhua news agency.

KUALA LUMPUR, April 21 — Malaysia attracted RM207.9 billion worth of approved investments in the manufacturing, services and primary sectors last year, up 1.7 per cent compared to 2018.

KUALA LUMPUR, April 21 — The chaotic overnight session in crude oil markets had sent the ringgit to open marginally lower today.

KUALA LUMPUR, April 20 — The ringgit moved slightly weaker against the US dollar at closing today tracking the continued depreciation in oil prices, analysts said.

KUALA LUMPUR, April 20 — AirAsia counters emerged as among the most active stocks on Bursa Malaysia today after the low-cost carrier announced it will resume its scheduled domestic flights, beginning with Malaysia on April 29.

KUALA LUMPUR, April 20 — Bursa Malaysia extended last week’s gain to open higher today, with the composite index rising 1.19 per cent on the back of positive market sentiment following a strong performance on the Wall Street last week.

KUALA LUMPUR, April 17 — Bank Negara Malaysia (BNM) has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market.

KUALA LUMPUR, April 17 — The ringgit rose against the US dollar in the opening session on mild bargain hunting activities following yesterday’s decline.

KUALA LUMPUR, April 17 — Malaysia has moved up to the 26th position out of 88 countries in the Global Talent Competitiveness Index 2020 (GTCI 2020), two spots higher than its 28th ranking last year.

PUTRAJAYA, April 16 — The Malaysian economy is estimated to operate at 45 per cent of its operating capacity due to the closure of non-essential services for four weeks during the implementation of the movement control order (MCO) until April 14, said the Ministry of International Trade and Industry (MITI).

KUALA LUMPUR, April 16 — While the full impact of Covid-19 on the oil and gas (O&G) industry is still difficult to assess, the industry is expected to record at least 5.0 per cent demand reduction for oil and gas this year.

KUALA LUMPUR, April 16 — The year 2019 saw a 7.6 per cent decrease in investment activity by venture capital (VC) and private equity (PE) companies to RM566.37 million from RM613.28 million in 2018.

KUALA LUMPUR, April 16 — The ringgit eased against the US dollar in the early session as sentiment towards the local note was affected by the weaker global oil price.

KUALA LUMPUR, April 15 — While the series of economic stimulus package announced by the government will support domestic demand and economic growth, the package also leaves the government with a wider fiscal deficit at least for 2020, says Moody’s Investors Service.

KUALA LUMPUR, April 15 — The ringgit rose against the US dollar in the early session on better demand for the local note due to bargain hunting activities, following yesterday’s decline.

KUALA LUMPUR, April 15 — The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of nine per cent next year, the fastest among the Asean-5 countries which are expected to see a combined GDP growth of 7.8 per cent.

KUALA LUMPUR, April 15 — It is imperative for Asean to work closely with its Plus Three partners to ensure that Asia Pacific recovers from the economic impact of Covid-19 together, said Tan Sri Muhyiddin Yassin.

KUALA LUMPUR, April 14 — Malaysia may not end up with the worst-case scenario for the property market post-Covid-19, given its much healthier state of financial fundamentals today.

KUALA LUMPUR, April 14 — Bursa Malaysia extended its earlier gains at mid-morning, in tandem with the uptrend in the performance of regional peers, thanks to buying support in index-linked counters led by Petronas Chemicals.