4h ago
KUALA LUMPUR, April 14 (Bernama) -- The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk sentiment amid expectations of a potential second-round negotiation between the US and Iran.
18h ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 13 (Bernama) -- The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.
20h ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 13 (Bernama) -- Cash flow has become more critical than profits for small and medium enterprises (SMEs) amid ongoing global uncertainty, as businesses are experiencing shocks that occur faster than their revenue cycles can absorb.
1d ago
KUALA LUMPUR, April 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is actively operationalising its roadmap to achieve 70 per cent renewable energy (RE) capacity by 2050, chief sustainability officer Leo Pui Yong said.
1d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 13 (Bernama) -- The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for the US dollar.
3d ago
PUTRAJAYA, April 11 (Bernama) -- The 13th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) welcomed a proposed US$30 billion (RM141 billion) facility by the Asian Development Bank (ADB) for 2026–2030 to support the implementation of the Finance Sectoral Plan and ASEAN Community Vision 2045.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 11 (Bernama) -- The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 10 (Bernama) -- The ringgit swept higher against major and ASEAN currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism over developments in West Asia.
4d ago
KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd’s (AAX) near-term outlook remains supported by sustained travel demand, despite new fuel surcharges introduced to manage the jet fuel price surge triggered by the West Asia regional conflict, which has led to higher airfares.
4d ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 10 (Bernama) -- The ringgit remained firm against the US dollar at the opening on Friday, supported by sustained demand for the local currency amid improving risk appetite among traders and investors.
4d ago
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
4d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.