Rubber Market Ends Lower On Stronger Ringgit
By K. Naveen Prabu
KUALA LUMPUR, Aug 14 (Bernama) -- The rubber market ended lower on Friday, weighed down by a slightly stronger ringgit against the US dollar, a dealer said.
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By K. Naveen Prabu
KUALA LUMPUR, Aug 14 (Bernama) -- The rubber market ended lower on Friday, weighed down by a slightly stronger ringgit against the US dollar, a dealer said.
GEORGE TOWN, Aug 14 (Bernama) -- US robotic-assisted surgery pioneer and Nasdaq-listed Intuitive Surgical Inc expects its investment in Penang to reach nearly US$500 million (US$1=RM4.08) over the first five years of operations as it establishes a major manufacturing presence in the state.
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) will review the latest macroeconomic developments ahead of its upcoming Monetary Policy Committee (MPC) meeting in two weeks before deciding its appropriate monetary policy stance.
KUALA LUMPUR, Aug 14 9 (Bernama) -- Malaysia’s policy consistency and stronger economic fundamentals continue to support investor confidence, even amid concerns over the domestic political environment, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) said that there is no need to revise Malaysia’s 2026 gross domestic product (GDP) growth forecast at this juncture, remaining confident that growth will likely settle around five per cent.
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit remained broadly stable against the currencies of major trading partners in the second quarter (2Q) of 2026, amid evolving global financial conditions, particularly the shift in market expectations due to the direction of United States monetary policy, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia’s current account balance (CAB) recorded a surplus of RM10.8 billion in the second quarter of 2026 (2Q 2026), primarily supported by a substantial increase in the goods surplus to RM40.7 billion, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia remained lower at midday as the market digested Malaysia’s second-quarter (2Q) gross domestic product (GDP) data, which showed 6.0 per cent growth.
KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia's economy expanded by 6.0 per cent in the second quarter of 2026 (2Q 2026), surpassing the Department of Statistics Malaysia's (DOSM) advance estimate of 5.8 per cent, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Aug 14 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its crude palm oil (CPO) price forecast of RM4,400 per tonne for 2026 and RM4,450 per tonne for 2027, pending the upcoming results season.
KUALA LUMPUR, Aug 14 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates Malaysia’s economy to grow by 5.9 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), slightly above the advance estimate of 5.8 per cent.
KUALA LUMPUR, Aug 14 (Bernama) -- AirAsia Group Bhd’s share price rose two per cent in early trade on Friday, despite reporting a net loss for the second quarter of 2026 (2Q 2026) yesterday.