1m ago
KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.
2m ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 7 (Bernama) -- The Kuala Lumpur rubber market closed lower on Tuesday, weighed down by softer near-term demand from China and weaker economic data from the United States.
2m 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.
2m ago
KUALA LUMPUR, July 7 (Bernama) -- Stronger realisation of operating expenditure (opex) savings is expected to drive CelcomDigi Bhd's earnings growth of 18.4 per cent in the financial year ending 2027 (FY2027), as integration synergies gain momentum after the completion of its information technology (IT) platform upgrade.
2m 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).
2m 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.
2m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its losses to close lower on Friday, weighed by concerns over rising production and expectations of higher stock levels.
2m ago
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened firmer against the US dollar on Friday after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a more cautious approach to interest rates.
2m ago
SHAH ALAM, July 2 (Bernama) -- Selangor recorded strong economic growth in 2025 with its gross domestic product (GDP) expanding by RM28 billion from the preceding year to hit RM460.1 billion.
2m 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.
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, supported by gains in regional rubber futures markets and a slightly weaker ringgit against the US dollar, a dealer said.