Stock Market & Investment News

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today, tracking higher crude oil prices. Read full story

KUALA LUMPUR: The possible resurgence of COVID-19 infections continues to pose a downside risk to Malaysia’s trade-oriented manufacturers and export outlook, though the impact would be less severe and short-lived. Read full story

SINGAPORE: Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies. Read full story

KUALA LUMPUR: Malaysia’s total trade recorded an upward trend, growing 5.5% in December 2021 compared to the previous month, said the Malaysian Statistics Department. Read full story

KUALA LUMPUR: The FBM KLCI stayed in the red at midday as a risk-off mood entered equity markets following Wall Streets sharp sell-off overnight. Read full story

KUALA LUMPUR: Bank Negara Malaysia (BNM) today reiterated that the Malaysian economy will expand between 5.5 per cent and 6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, said Governor Tan Sri Nor Shamsiah Mohd Yunus. Read full story

KUALA LUMPUR: Uni Wall Aps Holdings Bhd’s 80%-owned NS Aero City Sdn Bhd has entered into a memorandum of collaboration with Sun Solutino Pte Ltd to develop certain projects related to Malaysia Vision Valley 2.0. Read full story

KUALA LUMPUR: Bank Negara Malaysia (BNM) has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions. Read full story

SINGAPORE: Asian equities rose on Friday and were set for a weekly gain as strong earnings at Amazon.com boosted U.S. futures, while selling in bonds spread to Japan from other markets as investors reacted to hawkish signals from central banks in Europe. Read full story

KUALA LUMPUR: Bursa Malaysia ended the holiday-shortened week mixed, with the key index declining 0.19 per cent due to profit-taking activities following yesterday’s solid performance, an analyst said.  Read full story