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 Life insurance industry grows 14.19 pct in 2019
KUALA LUMPUR, March 16 -- The life insurance industry registered a 14.19 per cent increase in new business total premiums to RM11.8 billion last year as compared with RM10.3 billion in 2018, driven by an increase in awareness among consumers on the importance of life insurance protection.
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CPO futures trading to remain range bound next week
By Anas Abu Hassan
KUALA LUMPUR, Feb 27 -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to continue trading in range bound mode next week as the market is lacking movement catalysts, a dealer said.
Gold futures expected to trade in cautious mode next week
KUALA LUMPUR, Feb 27 -- The gold futures market on Bursa Malaysia Derivatives is expected to trade on a downside bias next week, following a surge in bond yields, particularly in the United States.
Ringgit may continue to be under pressure against US dollar next week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 27 -- The ringgit may continue to be pressured downward against the US dollar next week if the US Treasury yields remain elevated or increase further.
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| CLOSING, WEDNESDAY, JAN 27| US | 4.0440/0470 | | S'pore | 3.0491/0520 | | 100 Yen | 3.8956/8996 | | Sterling | 5.5536/5594 | | Euro | 4.9021/9131 |
Source: Bank Negara Malaysia |
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