Gold remained under pressure near US$4,000 an ounce as stronger US inflation and expectations of another Federal Reserve interest rate increase weighed on precious metals.
Baker Tilly Malaysia's Anand Chelliah describes Budget 2027 as business-supportive but says broader tax reform is needed to strengthen Malaysia's revenue base.
Gold prices held steady as investors awaited fresh US inflation data, with markets weighing the Federal Reserve’s rate outlook against geopolitical risk and elevated bond yields.
Singapore is becoming a battleground for crypto perpetual futures as decentralised platform Hyperliquid and regulated exchange SGX represent sharply different approaches to one of digital assets’ fastest-growing markets.
The Securities Commission Malaysia says Budget 2027 measures will strengthen regional listings, sustainable finance, wealth management and alternative capital for MSMEs.
Malaysia has unveiled RM459.8 billion in Federal Government expenditure under Budget 2027, alongside a broader RM510 billion expenditure and investment programme.
Gold remained under pressure as the unresolved Strait of Hormuz dispute kept energy and inflation risks elevated, strengthening expectations of further US interest-rate increases.
The Malaysian ringgit could strengthen as energy exports, resilient trade fundamentals and rising AI and semiconductor investment support the country’s external position.
Gold is set to end the week lower as the US-Iran impasse keeps oil prices elevated and strengthens expectations of further Federal Reserve tightening.
Gold remained near US$4,300 after a sharp decline as higher oil prices and strong US economic data strengthened expectations of further Federal Reserve tightening.