8h ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst.
16h ago
KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).
1d ago
By Karina Imran
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.
1d ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
1d ago
KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves stood at US$132.6 billion as at June 30, 2026, more than the US$130.5 billion recorded as at June 15, 2026.
2d ago
KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
2d ago
KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.
4d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 4 (Bernama) -- The ringgit is expected to trade between RM4.05 and RM4.07 against the US dollar next week, with market attention likely to centre on the United States Federal Open Market Committee (FOMC) minutes and Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.
4d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday's strong rebound and continued buying from local institutional investors.
5d ago
KUALA LUMPUR, July 3 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Friday, supported by gains across regional rubber futures markets amid concerns over potential supply disruptions following heavy rain in Thailand and tropical storm warnings, a dealer said.
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept the benchmark index in positive territory despite cautious overall market sentiment.
6d ago
KUALA LUMPUR, July 2 (Bernama) -- IPP Financial Advisers (IPPFA) has maintained its 2026 Malaysia gross domestic product (GDP) growth forecast at 4.6 per cent despite global uncertainty, supported by resilient domestic demand, private investment and a gradual recovery in external trade.