Ringgit rises on softer dollar, lower US yields

The ringgit rose against the US dollar in early trade on Wednesday, bolstered by a weaker US dollar index (DXY) and a drop in US Treasury yields, signalling persistent risk-off sentiment. At 8am, the local note strengthened to 4.2120/2300 versus…

Malaysia targets RM200b in property transactions for 2025

Malaysia is targeting RM200 billion in property transaction value this year, driven by an expanding middle class and sustained demand for residential spaces. Housing and Local Government Minister Nga Kor Ming said the government remained cautious and aware of the…

Factories around the world brace for Trump tariffs

Factories around the world, from Japan to Britain to the United States, saw activity slump in March as businesses braced for new US tariffs, though some saw a bounce in the race to get goods to customers before the new…

Rosman banking on Pearly-Thinaah to deliver at Sudirman Cup 3049

National women’s doubles coach Rosman Razak has declared that Pearly Tan-M. Thinaah will deliver the points to help Malaysia reach the Sudirman Cup quarter-finals in Xiamen, China, on April 27-May 4. Malaysia, who are in a tough Group C with…

Trump’s trade war salvo jolts markets

Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of trade war after Donald Trump put tariffs on top US trading partners. Trump’s orders for additional levies of 25 per cent…

Affin Bank expects 5.2pct GDP growth in 2025

Affin Bank Bhd expects Malaysia’s economy to grow further by 5.2 per cent this year compared to its 5.0 per cent estimate in 2024. The bank said the projection is in line with the Finance Ministry’s (MoF) forecast of between…

Arsenal beat Brentford to close gap on Liverpool

Arsenal showed they can cope without the injured Bukayo Saka as they began the year in style by recovering from an early sucker-punch to beat Brentford 3-1 away and move back into second place in the Premier League on Wednesday.…

MUI Properties shares suspended pending material announcement

Trading of Mui Properties Bhd shares has been suspended today at the company’s request, pending a material announcement. The suspension started at 10.40am, the property developer said in a filing with Bursa Malaysia. In early session today, the stock rose…

Sri Pahang, KL City through to Malaysia Cup last eight

Sri Pahang FC and Kuala Lumpur City FC checked into the Malaysia Cup quarter-finals after winning their return-leg ties in contrasting fashion tonight. While Sri Pahang had to rely on two penalties to edge Selangor FC 2-1 in the return…

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