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Ringgit opens lower against US$ ahead of Fed chair remarks
KUALA LUMPUR: The ringgit opened lower against the greenback today as traders took profit after recent gains and on caution ahead of a talk later today by US Federal Reserve (Fed) chairman Jerome Powell, said an analyst.
At 9.01 am, the…
Visa-free agreements set to propel air passenger traffic growth
PETALING JAYA: Air passenger traffic volumes have been on the rise and the anticipated reciprocal visa-free entry agreement between China and Malaysia from December 1 onwards is expected to give it a further boost.
Malaysia has also…
Malaysia’s 3Q e-commerce income rises 5.4% y-o-y to RM289.5bil – DoSM
KUALA LUMPUR: Malaysia’s e-commerce income grew by 5.4 per cent year-on-year (y-o-y) in the third quarter of 2023 (3Q 2023) to RM289.5 billion from RM274.6 million in the same quarter last year, said the Department of Statistics Malaysia…
Public Bank untung lebih besar sembilan bulan 2023
KUALA LUMPUR: Kumpulan Public Bank mencatatkan keuntungan sebelum cukai sebanyak RM6.47 bilion dan keuntungan bersih sebanyak RM5.03 bilion bagi tempoh sembilan bulan 2023, dengan pertumbuhan masing-masing sebanyak 2.6 peratus dan 14.3…
Markets mixed as traders await US data, Fed speakers
HONG KONG: Asian markets were mixed Tuesday (Nov 28) following a tepid performance on Wall Street, with profit-taking tempering hopes for Federal Reserve interest rate cuts next year and traders awaiting key US inflation data due later this…
Sime Darby to leverage industrial segment, UMW purchase in FY24
KUALA LUMPUR: Following an expectation-beating performance in the first quarter of financial year 2024 (FY24), Sime Darby Bhd is expected to leverage the high orderbook in its industrial segment while reaping the benefits of its acquisition…
Ringgit flat vs US$, stronger against other currencies at opening
KUALA LUMPUR: The ringgit was traded almost flat at the opening against the US dollar today on lack of fresh buying interest amid low volatility due to the Thanksgiving holiday in the United States (US).
At 9.05 am, the ringgit was at…
Genting shares climb on 3Q earnings surprise
KUALA LUMPUR: The trading stock of Genting Bhd got a shot in the arm following the release of its quarterly results yesterday, which revealed better-than-expected earnings.
Shares in the conglomerate opened 14 sen or 3.2% higher at RM4.50…
Bursa trends sideways ahead of inflation report
KUALA LUMPUR: Malaysia's upcoming inflation data will be in focus this morning even as the market continues on a downward bias consolidation band.
Apex Securities Research expects investors to continue taking profit amid the lack of fresh…
Harga diskaun, promosi akan imbangi kesan kenaikan SST
PETALING JAYA: Kenaikan kadar Cukai Jualan dan Perkhidmatan (SST) kepada lapan peratus yang diumumkan dalam Belanjawan 2024 item kecuali makanan, minuman dan telekomunikasi dijangka tidak terlalu membebankan pengguna kerana peruncit akan…