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Economic
China leaves lending benchmark rates unchanged as expected
SHANGHAI/SINGAPORE: China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rate steady earlier last week.
But market watchers…
China’s factory, retail sectors speed up but risks persist
BEIJING: China's industrial output grew 6.6% in November year-on-year, faster than the 4.6% gain in October, and retail sales rose but missed forecasts, adding to signs Beijing's recent flurry of stimulus is helping stabilise the economy.…
Malaysia’s IPI inches down 0.3% in August 2023 – DoSM
KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) inched down by 0.3 per cent in August 2023 compared to the same month a year ago as export-oriented industries declined while the domestic-oriented ones continued to expand, the…
Capital A cemerlang catat untung bersih RM1.12 bilion
KUALA LUMPUR: Capital A Bhd optimis dengan prospeknya menuju ke depan berikutan pemulihan kukuh dengan mencatatkan keuntungan bersih RM1.12 bilion pada suku kedua berakhir 30 Jun 2023 berbanding kerugian bersih RM931.22 juta dalam suku sama…
Aset CBP dijangka cecah RM10 bilion tahun depan
KUALA LUMPUR: Co-opbank Pertama (CBP) yang ditubuhkan sebagai The Province Wellesley Co-operative Banking Union Limited pada 73 tahun lalu, hanyalah sebuah gabungan syarikat kerjasama kampung masyarakat Melayu.
Namun, berbekalkan…
Rafizi make police report over PAS’ claim that 54,000 Chinese nationals receiving citizenship
PETALING JAYA: Economy Minister Rafizi Ramli says he will be filing a police report against a social media post made by PAS claiming that 54,000 Chinese nationals are in the process of being given Malaysian citizenship.
"I will be speaking…
Bursa Malaysia sees net foreign outflow of RM153.4mil
KUALA LUMPUR: Foreign investors on Bursa Malaysia reversed course after six weeks of net buying, as they net sold RM153.4mil of local equities over the past week.
While the week started on a positive note with a net foreign inflow of…
Market expected to move sideways as global pressures remain
KUALA LUMPUR: The range-bound trading on the domestic market is expected to continue as recent economic developments in the US and China continued to exert negative pressure on trading sentiment.
In its market review, TA Securities…
Bursa rises ahead of raft of corporate earnings
KUALA LUMPUR: Malaysia's benchmark stock index rebounded in the morning sessions following positive results from US-listed Nvidia, which triggered a rally on Wall Street overnight.
Ahead of Bursa Malaysia's own corporate results, investors…
Ringgit opens higher against US$ on weak US manufacturing data
KUALA LUMPUR: The ringgit opened higher against the US dollar this morning on weaker manufacturing purchasing managers index (PMI) flash estimates for advanced economies, said an analyst.
At 9 am, the local note rose to 4.6410/6455 against…