Markets

US Inflation Heating Up Again, How To Position

The hotter-than-expected US inflation report for March, which followed yet another robust jobs report, has raised the risk of higher-for-longer rates. Given this, Standard Chartered in its outlook said...

Surging U.S. Energy Shares Reflect Robust Growth, Inflation Worries

U.S. energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected economy, while seeking to protect their portfolios from a feared resurgence of inflation. The S&P...

Bursa Declines 2.47 Points As Investors Navigate Choppy Waters

Bursa Malaysia closed mixed on Friday, trended within a tight range as investors exercised caution amid the volatile sentiment across the region, said Rakuten Trade Sdn Bhd. At 5pm, the...

Plantation Sector’s UTDPLT Leads Bursa At Close As ALLIANZ...

On the broader market, gainers beat decliners 580 to 515, with 470 counters unchanged, 778 untraded and 11 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1UTDPLT 208924.800+0.4802,1562NESTLE 4707122.900+0.4002,6213ORIENT40067.150+0.39021,7284THETA 90751.710+0.390173,7025DUFU 72332.220+0.290138,828 Top Losers NOSTOCK NAMESTOCK CODELAST DONECHGVOL...

Foreign Exchange Rates Apr 12, 2024

Rates from the Interbank Foreign Exchange Market in Kuala Lumpur as at 5pm, Apr 12 is as presented below: Foreign Currency UnitsTrading date: 12 Apr 2024 (Friday)Time:     0900    ...

Property

Gamuda Land Partners Kiddpedia In Offering Edu-Taintment Experiences

Gamuda Land has announced a formal partnership with Kiddypedia, to offer edu-tainment experiences for families to explore by integrating sports, arts, STEM workshops, and team-building exercises. Jess Teng, Chief...

LHN Bukit Timah Win, Solid Mixed-Us Project In The...

LHN was awarded the former Bukit Timah Fire Station site to develop a mixed-use project with 60 serviced apartment units on levels 2 & 3, and a ground floor...

Inta Bina Receives RM348.9 Million LOA For Proposed Maya...

Inta Bina announced that its subsidiary Inta Bina Sdn Bhd had accepted the Letter of Award from Eco Ardence Sdn Bhd for Main Building Works for the total contract sum of ...

News

Foreign Affairs Ministry On Standby Over Iran Situation

Foreign Affairs Ministry issued a statement saying it is on standby looking out for the safety of Malaysians in Iran after the country launched...

Chinese Brand EVs Remain Dominant With Sales Soaring 26.4% In Q1

Sales of Chinese-brand passenger vehicles soared 26.4 percent year on year in the first quarter (Q1) of 2024, industry data showed. About 3.39 million such...

Traffic Flow Intensifies On Last Day

PLUS is reporting intensified traffic along its expressways, from the north most R&R's are seeing huge flows of vehicles stopping before their final destination...

Be Mindful Of Extra Fees When Going Cashless Overseas

Before relying on your mobile device to make payments while traveling abroad, it's crucial to consider the additional fees associated with each transaction. In Malaysia,...

Germany’s Keen Interest In A City In East China

In recent months, there have been several delegations of German enterprises visiting Hefei, a city in east China's Anhui Province, demonstrating keen interest in...

Heatwave Affecting World’s Top Cocoa Producer

The heatwave in Cote d'Ivoire is harming the cocoa sector, causing a production decline. "The severity of the heat had a considerable effect on our...

DRB-Hicom Ceases MOU, Banking Fails, 400% EV Jump Take Up Salient Headlines

DRB-Hicom, Perak State Will Not Extend MOU In a Bursa filing today, DRB-Hicom has informed that it will not be extending the memorandum of understanding...

Iran Launches Large Scale Missile, Drone Attack On Israel

A combined attack of dozens of ballistic missiles and hundreds of drones from Iran triggered air raid alerts across Israel early on Sunday, the...

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Trade

Ringgit To Remain Soft At RM4.76 Next Week, Awaits...

The ringgit is expected to remain soft and trade around RM4.76 against the US dollar next...

WEF Hails Malaysia As Global Semiconductor Powerhouse

Malaysia’s vibrant semiconductor industry has been the talk of the town of late as...

King Keen To See More Investments From Chinese Companies...

His Majesty Sultan Ibrahim King of Malaysia on his Facebook post said he expressed...

Malaysia’s Economy To Pick In 2H Despite Initial Bumps:...

Economists have foreseen the Malaysian economy to pick up in quarters ahead after growth...

Malaysia-Pakistan To Explore More Trade And Investment Opportunities

Malaysia and Pakistan have agreed to explore opportunities to strengthen relations, especially in the...

Malaysian Palm Oil Firms On Lower Inventory Outlook

Malaysian palm oil futures rose on Tuesday (Apr 9), snapping three consecutive sessions of...

Malaysia’s Distributive Trade Expands On Retail Boost; Kenanga Expects...

Distributive trade sales growth expanded to a three-month high in February (5.5% YoY; Jan:...

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