KUALA LUMPUR: Investors on Bursa Malaysia are taking time to digest recent gains as Wall Street ended mixed overnight ahead of the release of quarterly results from Big Tech. On Malaysia's main index, blue chips took a breather below the 50-day simple moving average after four consecutive days of gains with foreign funds returning to the...
KUALA LUMPUR: The ringgit continued its uptrend in early trade on Tuesday, strengthening against the US dollar on buying interest in the local note, amid a decline in the US Dollar Index (DXY). At 8 am, the local currency was higher at 4.3585/3665 against the greenback, compared with Monday’s close of 4.3615/3665. The DXY fell 0.46 per...
SEPANG: The enhanced Nusuk Card is now equipped with a quick response (QR) code to prevent forgery of the official identification card for haj pilgrims, says Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar. He mentioned that the card now includes several layers of security features to ensure the safety of...
GEORGE TOWN: From Milo dinosaur to Michael Jackson, the Malaysian terms for beverages are so varied that they can be baffling to the outsider. Milo dinosaur gives you an idea of how massive the chocolatey drink is, while Michael Jackson refers to soya milk with cincau, no doubt in reference to the singer’s hit song Black...
HAILED as a non-local fruit with great potential in Malaysia, the abiu (Pouteria caimito) , which is of South American origin, is making waves among local farmers. Many believe abiu, with its sweet jelly-like flesh which is said to taste like a combination of banana and pineapple, is sure to win the hearts of locals. In February,...
KUALA LUMPUR: The ringgit opened little changed against the greenback on Monday, as the US Dollar Index (DXY) ended a four-week losing streak after recent weakness below the 100-point mark. At 8.04 am, the local unit stood at 4.3700/3900 against the greenback, compared with last Friday’s close of 4.3705/3770. Analysts attributed the market’s cautious tone to lingering uncertainties...
PUTRAJAYA: Maldives President Dr Mohamed Muizzu, who arrived yesterday for a four-day official visit to Malaysia, was accorded an official welcoming ceremony at Perdana Putra Complex here Monday (April 28). Muizzu was received by Prime Minister Datuk Seri Anwar Ibrahim at the venue at 9am, after which the national anthems of both countries were played. Muizzu then...
Penang harvest looking bleak as chaotic weather batters orchards BALIK PULAU: Durian lovers may be in for a disappointment this year, as Penang’s harvest is shaping up to be “the worst in the last 10 years” due to relentless rainfall causing premature falling of flowers and infection of growing fruits. Continuous wet weather has created the perfect...
PETALING JAYA: As Malaysia’s exports come under pressure in 2025 due to the US trade protectionist policy, economists suggest the country should take proactive measures to ensure exports are not severely impacted. This year, they expect Malaysia to record a positive trade surplus, although lower than last year’s figure. A trade surplus occurs when a country’s exports...
KUALA LUMPUR: Bursa Malaysia started the week on a positive note with an improvement in market sentiment as US President Donald Trump adopted a calmer tone in handling geopolitical affairs. Continuing its recovery from the previous week, the benchmark FBM KLCI rose 2.63 points to 1,511.83, which puts the index at levels of trading prior to...
