tags - Sinar Daily

The prosecution filed a preliminary objection to the appeals by Datuk Seri Bung Moktar Radin and his wife, Datin Seri Zizie Izette Abdul Samad, over the court's decision in ordering them to enter their defence on three corruption charges.

Bursa Malaysia opened lower today due to the possibility of yet another interest rate hike by the United States (US) Federal Reserve during the next Federal Open Market Committee (FOMC) meeting in early May, said an analyst.

Bursa Malaysia's main index was trading marginally lower at mid-morning, due to the lack of catalyst amidst cautious sentiments in the market.

Lim Guan Eng

Bursa Malaysia rebounded to open higher on Wednesday, taking its positive cue from Wall Street's performance overnight as traders are betting that the aftermath of the recent bank failures in the US may have been averted, said an analyst.

Recent OPR hikes have caused monthly housing installments to rise

Public Bank said the gross loans grew by RM18.9 billion or 5.3 per cent to RM376.9 billion as at Dec 31, 2022, from RM358.0 billion a year ago, mainly driven by growth in mortgage financing and hire purchase financing.

Prime Minister Datuk Seri Anwar Ibrahim during the tabling of Budget 2023 in Parliament - FILE PIX

Illustrative image. Photo taken on Nov 30, 2022 by BERNAMA.

A local contractor pleaded not guilty at the Sessions Court to two charges of using a forged banking statement to secure RM95,420.00 worth of maintenance work contract two years ago. - Photo: 123RF