December 19, 2024 05:36 GMT
MALAYSIA: County Wrap: US-Malaysia economic ties to stay strong
MALAYSIA
- Malaysia’s exports rose 4.1% from a year earlier in November, the Ministry of International Trade and Industry said in an emailed statement. (source: BBG).
- US-Malaysia economic ties to stay strong despite US manufacturing push, says Ambassador (source: The Star).
- Maybank Investment Bank Research expects the cargo volume growth for ports in Malaysia to sustain going into 2025, supported by strong foreign direct investment, domestic direct investment and rising intra-Asia trade. (source: The Star).
- There was nowhere to hide for equity markets across the region today and Malaysia’s FTSE KLCI was no exception, falling -0.20%.
- MYR – the ringgit was weaker today by -0.74% to 4.5030
- Bonds: yields climbed with the 10YR +5.7bp to 3.872%.
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