Markets

Ringgit Declines At Thursday’s Opening Amid U.S. Dollar Strengthening...

The ringgit weakened at Thursday's opening as the US dollar gained strength following the release of Federal Reserve minutes that underscored increasing worries about inflation.

Hang Seng Index Futures : Sharp Corrections Ahead

The HSIF is poised for sharp corrections ahead after tumbling 436 pts on Tuesday before closing 29 pts lower at 19,171 pts yesterday. RHB Retail Research in a note...

Oil Slips On Prospect Of U.S. Rates Staying High

Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate cuts might...

Singapore Bourse May Test Support At 3,300 Points

Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had ended the three-day winning streak in which it had gathered almost 25 points or 0.6 percent. The...

Bursa Malaysia Tipped To Open In The Red

Ahead of Wednesday's holiday for Wesak Day, Bursa Malaysia had ended the three-day winning streak in which it had advanced almost 25 points or 1.7 percent. The Kuala Lumpur...

Property

Sime Darby Q1 PATAMI Doubles To RM123 Million, As...

Sime Darby Property Berhad registered a robust start to FY2024, achieving record-high Q1 revenue of RM978.7 million revenue which marked 42.8% increase from the RM685.3 million achieved in the...

Advancecon Secures Sime Darby Shah Alam Project Worth RM25...

Advancecon Holdings Berhad announced that its wholly-owned subsidiary has accepted the Letter of Acceptance from Sime Darby Property (Bukit Jelutong) Sdn. Bhd. for the appointment a proposed main infrastructure...

Gamuda Land’s QTP Success In Vietnam

Gamuda Land, continues on its operation expansion in Vietnam, since venturing into the Vietnamese market in 2007, the group has successfully developed the 82-ha Celadon City in Ho Chi...

News

The Malaysian Economy In The Time Of Geo-Economic And Geo-Political Cholera 

By Dr Rais Hussin A sitting Prime Minister addressing the nation is a normality. Notwithstanding one who believes in a global era of "post-normality." The...

Ringgit Declines At Thursday’s Opening Amid U.S. Dollar Strengthening On Inflation Concerns

The ringgit weakened at Thursday's opening as the US dollar gained strength following the release of Federal Reserve minutes that underscored increasing worries about...

Hang Seng Index Futures : Sharp Corrections Ahead

The HSIF is poised for sharp corrections ahead after tumbling 436 pts on Tuesday before closing 29 pts lower at 19,171 pts yesterday. RHB...

Kelana Jaya LRT Line Undergoes Manual Operations Due to Switch Issue

The Kelana Jaya LRT line is experiencing slower train operations due to ongoing repair work on a switch issue. According to an update on myrapid...

Oil Slips On Prospect Of U.S. Rates Staying High

Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they...

Singapore Bourse May Test Support At 3,300 Points

Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had ended the three-day winning streak in which it had gathered almost 25...

Bursa Malaysia Tipped To Open In The Red

Ahead of Wednesday's holiday for Wesak Day, Bursa Malaysia had ended the three-day winning streak in which it had advanced almost 25 points or...

Higher Overall Expenses Leads To Softer Earnings For Nova Wellness In 3Q

Nova Wellness Group Bhd’s (NOVA) net earnings came in below expectations with its 3QFY24 recorded a core PAT of RM1.8m (-39.8% QoQ, -37.3% YoY),...

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Trade

MIDF Maintains Trade Forecasts But Cautious On Risks

Malaysia's exports rebounded to +9.1%yoy in Apr-24. Malaysia’s exports rebounded and grew at +9.1%yoy...

Malaysia’s Trade And Current Account Surplus Remain Supported: OCBC

The Ministry of International Trade and Investment released April's trade data showing a 12%...

Foreign Appetite For Local Bonds Dulled By Fading Rate...

Foreign investors remained net buyers of Malaysian bonds for the second consecutive month in...

CPO Prices To Range Between RM3700-RM3950 Due To Seasonal...

Malaysian palm oil stocks increased for the first time in six months by 1.85%...

Malaysia’s Trade In April Jumps 12% To RM221.74 Billion,...

Malaysia’s trade continued its strong performance and maintained an upward trajectory in April 2024,...

PM’s Visit To Kazakhstan, Uzbekistan Yields RM2.4 Billion In...

The Ministry of Investment, Trade & Industry (MITI) has secured RM2.4 billion of potential...

Greater Klang Valley Has Potential For Robust Economic Growth

Greater Klang Valley, which connects Selangor’s four main cities, has all the makings of...

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