3h ago
By Anas Abu Hassan
SINGAPORE, Oct 5 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has raised its economic growth forecast for Malaysia to 5.1 per cent in 2026 from 4.9 per cent previously, and to 4.8 per cent in 2027 from 4.7 per cent, driven by robust artificial intelligence (AI)-related exports and investment.
2d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to remain range-bound next week, although its oversold condition could allow for a technical rebound, an analyst said.
2d ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.
3d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Thursday in line with weaker global bullion prices as investors considered mixed US economic data and awaited further cues on the outlook of US monetary policy.
3d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite waning expectations of an interest rate hike by the United States (US) Federal Reserve (Fed).
4d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s mixed performance as higher US Treasury yields and ongoing tensions in West Asia dampened buying interest.
4d ago
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data that supported the greenback.
4d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia’s key index ended higher on Wednesday, rebounding from recent losses as oversold conditions spurred bargain hunting.
5d ago
By Anas Abu Hassan
SINGAPORE, Sept 30 (Bernama) -- Singapore's economy is projected to moderate slightly to 4.8 per cent in 2026 from 5.0 per cent last year, driven by electronics upcycle led by artificial intelligence (AI), said the ASEAN+3 Macroeconomic and Research Office (AMRO).
5d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.