27d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
27d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia remained slightly lower at midday as profit-taking emerged in selected heavyweight counters, led by industrial products, banking and telecommunications stocks, in line with the mixed regional and global market trends.
27d ago
KUALA LUMPUR, Sept 25 (Bernama) -- PMB Investment Bhd has announced annual income distributions of four sen per unit for the PMB Shariah Premier Fund and 3.20 sen per unit for the PMB Shariah Equity Fund for their respective financial years ended Aug 31, 2026 and Aug 30, 2026.
27d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Masan High-Tech Materials Corporation (MSR) has entered into a strategic partnership with The Elmet Group Co (Elmet), combining a 4.99 per cent equity investment in MSR with multi-year agreements for the procurement and sale of tungsten products.
27d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia opened higher on Friday as bargain hunting continued following recent losses, despite elevated US Treasury yields and oil prices.
27d ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Friday, amid mixed movements in global foreign exchange markets.
28d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a five-day losing streak to end mostly higher on Thursday, as market sentiment improved following India’s decision to cut import duties on crude and refined vegetable oils, coupled with stronger crude oil prices.
28d ago
By K. Naveen Prabu
KUALA LUMPUR, Sept 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a stronger US dollar continued to weigh on the precious metal.
28d ago
KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist.
28d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.
28d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 24 (Bernama) -- The Kuala Lumpur rubber market remained on an upward trend, closing higher on Thursday, tracking gains in regional rubber futures, said a dealer.
28d ago
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia is among six major Asia-Pacific (APAC) economies expected to record faster real gross domestic product (GDP) growth than China in 2026, supported by its integration into the artificial intelligence (AI) supply chain, according to Moody’s Analytics.