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Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Malaysia’s Total Trade Rises 29.8 Pct To RM327.6 Bln In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.

JTB To Acquire Asia DMC Operator EXO Travel

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.

Malaysia Has To Be Bold In Strengthening Economic Relations With Russia -- Anwar

From Nurul Hanis Izmir

KAZAN, June 18 (Bernama) — Malaysia needs to be more bold and aggressive in strengthening economic relations with Russia and other countries that have the potential to benefit the nation, Prime Minister Anwar Ibrahim said.

AI Boom Opens Growth Avenues For Penang SMEs - MSIA

GEORGE TOWN, June 18 (Bernama) -- The artificial intelligence (AI) boom is opening significant growth opportunities for Penang’s small and medium enterprises (SMEs), particularly those supporting the semiconductor value chain, according to the Malaysia Semiconductor Industry Association (MSIA).

Malaysia Needs Robust Legal, Regulatory Framework For Nuclear Power - World Nuclear Association

From Siti Radziah Hamzah

TASHKENT, June 18 (Bernama) -- Malaysia would need to establish a robust legal and regulatory framework, as well as develop a skilled workforce, before nuclear power can become a realistic option in the country's long-term energy mix, according to World Nuclear Association (WNA) Director General Dr Sama Bilbao y Leon.

Ringgit Closes Lower Against Greenback On Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.

Univar Solutions Expands EMEA Distribution Pact With American Distilling 

KUALA LUMPUR, June 18 (Bernama) -- Univar Solutions B.V., a subsidiary of Univar Solutions LLC (Univar Solutions), has expanded its distribution partnership with American Distilling to supply a broader range of natural speciality ingredients across select Europe, Middle East and Africa (EMEA) markets through its Ingredients + Specialties division.

Titanbay Names Marcel Rohner Non-Executive Director

KUALA LUMPUR, June 18 (Bernama) -- Titanbay has appointed Marcel Rohner, vicechairman of Union Bancaire Privée (UBP), chairman of the Swiss Bankers Association and former group chief executive of UBS, as a non-executive director on its group board.

Ringgit Opens Easier Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.

Anwar Thanks Putin For Russia's Support On Energy Cooperation, Petronas

By Nurul Hanis Izmir

KAZAN, June 18 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim expressed appreciation to Russian President Vladimir Putin for Russia’s support in strengthening energy cooperation with Malaysia, especially Petroliam Nasional  Bhd (Petronas).