KUALA LUMPUR: Maybank expects its online banking transactions to increase to 6.4 billion this year, to be driven by the new and reimagined Maybank2u website, which will be launched to the public on April 19.
KUALA LUMPUR (April 25): Crude oil prices are forecast to average US$65 a barrel over 2018, up from an average of US$53 a barrel in 2017, on strong demand from consumers and restraint by oil producers, according to the World Bank.
The World Bank in its April Commodity Markets Outlook report released yesterday said metals prices are expected to rise 9% this year.
It said prices for energy commodities — which include oil, natural gas and coal — are forecast to jump 20% in 2018, a 16-percentage-point upward revision from October's outlook.
(April 26): Foreign buying of Malaysia's stocks slowed in the past week as the nation's benchmark equity index fell and the Malaysian ringgit weakened.
The five-day moving average of net foreign inflows decreased to US$10.6 million, falling below the 20-day average of US$13.4 million, according to data from the Bursa Malaysia Bhd compiled by Bloomberg.
The FTSE Bursa Malaysia EMAS Index fell 2.1% over the past week and the ringgit lost 0.6% against the US dollar to 3.9115.