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Asian shares rally as China introduces largest stimulus since pandemic

Asian shares rally as China introduces largest stimulus since pandemic

Asian stocks surged on Tuesday, driven by China's central bank unveiling its boldest stimulus in years to support its economy.
Tue Sep 24 2024
Economic reforms, positive growth indicators drive foreign buying of Malaysian stocks - Tengku Zafrul

Economic reforms, positive growth indicators drive foreign buying of Malaysian stocks - Tengku Zafrul

Tengku Datuk Seri Zafrul Abdul Aziz said it reflects investors medium- and long-term confidence in the country.
Thu Jul 25 2024
Bursa Malaysia remains positive at midday

Bursa Malaysia remains positive at midday

Bursa Malaysia stayed higher at midday, supported by persistent buying in heavyweight stocks while tracking its regional peers.
Wed Jul 03 2024
Bursa opens higher on bargain hunting, breaches 1,600 points

Bursa opens higher on bargain hunting, breaches 1,600 points

The main index rises to 1,601.44, driven by investor interest in mid and small cap stocks.
Tue Jul 02 2024
Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

MPOB said the country's crude palm oil (CPO) stocks rose 1.59 per cent to 979,352 tonnes in May from 964,049 tonnes recorded in April.
Mon Jun 10 2024
Stocks sink, oil surges on reports of Middle East attacks

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

MPOB said crude palm oil (CPO) inventory decreased by 9.43 per cent to 1.20 million tonnes last month from 1.32 million tonnes in November.
Wed Jan 10 2024
India's March palm oil imports jump on discounts - Dealers

India's March palm oil imports jump on discounts - Dealers

The rise in palm oil imports by India, could help Malaysia lower its stocks and support palm oil prices, the traders said.
Wed Apr 05 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Malaysia palm oil stocks could fall below 2 mln T by end April - MPOB

Malaysia palm oil stocks could fall below 2 mln T by end April - MPOB

Palm oil inventories in Malaysia are also falling as heavy rainfall restricted production growth, Ahmad Parveez said.
Wed Mar 08 2023
Floods: KPWKM stocks up food supplies, necessities in Terengganu

Floods: KPWKM stocks up food supplies, necessities in Terengganu

KPWKM is actively restocking and sending food supplies and necessities to mini depots in all districts in Terengganu to prepare for the next wave of floods.
Thu Dec 22 2022
Malaysian currency, stocks down after inconclusive election

Malaysian currency, stocks down after inconclusive election

The ringgit MYR fell almost 0.8% against the greenback, its steepest drop in seven months as investors reacted to the prospect of prolonged instability,
Mon Nov 21 2022
Volunteers urged to buy food stock from outside flood-hit states

Volunteers urged to buy food stock from outside flood-hit states

This was to ensure that stocks of food supply and necessities in the affected states are always sufficient for the local community.
Fri Sep 23 2022
Indonesia trimming palm oil stocks with discounts, India sales

Indonesia trimming palm oil stocks with discounts, India sales

The stocks were built up during Jakarta's steady escalation of export restrictions early this year culminating in the three-week export ban.
Tue Sep 20 2022
Govt urges palm oil millers to resume operations immediately

Govt urges palm oil millers to resume operations immediately

Wee Jeck Seng said the halt in operations would affect existing stocks and have a negative impact on smallholders.
Tue Jun 28 2022
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024