Ringgit likely to move range-bound against US dollar next week

The ringgit is likely to move range-bound with a downside risk next week between 4.1350-4.1470 amid potentially better oil prices and concern over a slower economic recovery.

The only way ahead is up

Malaysia to benefit from growth of key trade partners

Positive lift awaits debt market

Malaysian bond market set to move into ‘overweight’ region

Private placement top on agenda

Shareholders to vote on BIMB’s internal reorganisation exercise

Banks to remain resilient

RAM Rating Services maintains stable outlook on sector

Recovery in profit

Banks to set aside less money for bad debts

Bank earnings to improve but not out of woods yet

PETALING JAYA: While the earnings of Malaysian banks are envisaged to improve this year with a recovery in net interest margin (NIM), they are not completely out of the woods yet.

Bursa Malaysia likely to trade higher next week

The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 1.75 per cent, according to an analyst.

Bank Negara maintains benchmark key rate at 1.75%

Maintaining OPR indicates economic recovery confidence

KUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending.