4d ago
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened marginally higher against the greenback on Wednesday as investors remain cautious ahead of results from the United States (US) midterm elections and Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow, said an analyst.
4d ago
KUALA LUMPUR, Nov 3 (Bernama) -- Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.
4d ago
KUALA LUMPUR, Nov 3 (Bernama) -- The issuance of Malaysia's US$1.5 billion Global Sukuk at the end of July 2026 received subscription demand exceeding US$9.5 billion, reflecting the continued confidence of international investors in the country's economic prospects and credit position.
4d ago
KUALA LUMPUR, Nov 3 (Bernama) -- Non-bank financial institutions (NBFIs) do not fall under the regulatory framework of the Securities Commission Malaysia (SC), the Ministry of Finance (MOF) said.
4d ago
KUALA LUMPUR, Nov 3 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the completion of a record US$1.572 billion short-term sukuk, lifting its outstanding portfolio to an all-time high of US$7.59 billion.
4d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, pressured by estimates of record-high Malaysian palm oil inventories in October, raising concerns over persistent oversupply despite stronger export demand.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, bucking the weaker performance on the US Commodity Exchange (COMEX), although the precious metal remained under pressure from technical selling.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit eased against the US dollar on Tuesday amid a pullback in global artificial intelligence (AI)-related trading and investments.
5d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 3 (Bernama) -- The Kuala Lumpur rubber market ended lower today, tracking losses in regional rubber futures markets, a dealer said.
5d ago
By K. Naveen Prabu
KUALA LUMPUR, Nov 3 (Bernama) -- Sri Lanka is looking to increase its exports to Malaysia to address the trade imbalance between the two countries, Sri Lanka's High Commissioner to Malaysia Dharshana M. Perera said.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by selective buying in banking heavyweights, although the broader market remained subdued amid continued selling in technology stocks.
5d ago
IPOH, Nov 3 (Bernama) -- Perak State Development Corporation (PKNPk) and Global Vision Lab Sdn Bhd (GVL) are exploring the development of a large-scale artificial intelligence (AI) data centre in Perak, with a planned power capacity of more than 100 megawatts (MW).