Markets

Are The Fed Rate Cuts Coming?

The Fed is inching towards its first rate cut, encouraged by a cooling US job market and slowing inflation. Fed Chair Powell signalled as much in his semi-annual Congress...

S&P 500 Rebound Leaves Big Banks Out On Earnings

The stock market saw another week of gains and Treasuries erased their losses for the year after the latest economic data reinforced bets the Federal Reserve will cut rates...

GESHEN Soars, MPI Dips In Today’s Bursa

On the broader market, it favoured decliners, outnumbering advancers 639 to 532, with 513 stocks unchanged. Trading remained subdued with 783 counters not traded and 25 stocks suspended. Today's market...

Investor Profit-Taking Dampens Bursa Malaysia’s Weekly Close

Bursa Malaysia concluded the week with a downturn as investors opted to lock in gains in specific technology and utilities stocks following a recent modest rally over three days. At...

Foreign Exchange Rates July 12, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on July 12, provide a comprehensive overview of currency fluctuations for the day.These rates,...

Property

Chin Hin Makes Maiden Entry Into Penang With A...

Chin Hin Group Property Berhad makes its maiden foray into the northern region with unveiling of a new development on Penang Island, Crown Penang, a luxurious urban resort lifestyle...

Astaka Kickstarts One Bukit Senyum Phase 3, Forms JV...

Astaka Holdings Limited (Astaka), an integrated property developer based in Johor, Malaysia, has kickstarted Phase 3 of One Bukit Senyum, the Group's flagship development, with the formation of a...

TAFI Secures RM207 Million Armani KPF2 Construction And Development...

Tafi Industries Berhad (TAFI) wholly-owned units, TAFI Home & Office Sdn Bhd (THOSB) have been awarded a construction contract for main building and associated works, while its T.A. Furniture...

News

Cutting Red Tapes Boosted Number Of EV Charging Stations By 12.5%

The number of electric vehicle (EV) charging stations nationwide increased by 12.5 percent as of June 25, compared to the first quarter of this...

Govt Agrees To Implement VOP On Construction Materials

The government has agreed in principle to implement the Variation of Price (VOP) to help contractors facing rising construction materials costs due to the...

Spirit Of Anti-Hopping Law Must Be Upheld To Strenghten Trust In Democracy

The Institute for Democracy and Economic Affairs said it is deeply concerned about the recent decision by Dewan Rakyat Speaker Tan Sri Johari Abdul...

Chin Hin Makes Maiden Entry Into Penang With A 588 Unit Residential Project

Chin Hin Group Property Berhad makes its maiden foray into the northern region with unveiling of a new development on Penang Island, Crown Penang,...

Malaysia Ready To Support Thailand On Franchise Sector

Malaysia is willing to share its experience with Thailand on trade regulation in the franchise industry, said Entrepreneur Development and Cooperatives Minister Datuk Ewon...

MACC Looking For Dato Lee Of MyBrush Industries

The Malaysian Anti Corruption Commission has issued a notice that it is looking for the businessman Dato Lee Fook Yuen to assist on an...

MARC Affirms Ratings On Yinson’s Programmes

MARC Ratings has affirmed its A+IS rating on Yinson Holdings Berhad’s RM1.0 billion Islamic Medium-Term Notes Programme (Senior Sukuk). Concurrently, the rating agency has also affirmed...

Toyo Ventures’ Song Hau 2 RM4.6 Billion Loan Facility Terminated

Toyo Ventures Holdings Berhad has provided more updates on the development of "Song Hau 2 Thermal Power Plant Project" in Vietnam which has now...

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Trade

OPR Stance Keeps Inflation Under Control Ahead Of RON95...

As widely expected, the Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided...

ZTrade Enables Two-Way Cross-Border Digitised Trade Documentation

ZTrade, a Web 3 platform that facilitates the cross-border trading of goods with China,...

OCBC Estimates 2Q GDP Growth Higher At 4.9%

The industrial production index rose by 2.4% YoY in May versue 6.1% in April,...

Uzma Berhad’s Subsidiary Expresses Interest In Sale And Purchase...

Uzma Berhad’s 51%-owned subsidiary, Jannatul Firdaus International Sdn Bhd (JFI) had on 12th July...

Trade Provides Economic Growth Support As China’s Exports Surge...

China’s export surged in June, providing strong support for economic growth, however, analysts warned...

BNM Decides To Keep OPR At 3% Longer

The Central Bank today at its Monetary Policy Committee meeting decided to maintain the...

Malaysia Continues Positive Trade Trajectory To Reach 8.7% Rise...

Bank Negara Malaysia forecasts the country's trade performance for 2024 to increase by 5.2%,...

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