By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)
KUALA LUMPUR, Dec 8 (Bernama) -- Fitch Learning has completed its acquisition of Moody’s Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI), strengthening its position as a global provider of financial training and professional certifications.
KUALA LUMPUR, Dec 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.365 billion short-term sukuk across four tenors, in its final auction for 2025.
KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.
KUALA LUMPUR, Nov 17 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has issued and reissued US$1.35 billion (US$1 = RM4.15) in short-term sukuk across five tenors, its widest range of maturities offered in a single auction.
KUALA LUMPUR, Nov 4 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).
KUALA LUMPUR, Nov 3 (Bernama) -- The United States (US) pharmaceutical companies are likely to see increased sales in Malaysia following the signing of the Malaysia-US Agreement on Reciprocal Trade (ART).
KUALA LUMPUR, Oct 16 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the upsizing of its sukuk programme from US$6 billion to US$8.5 billion (US$1=RM4.22).
KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.
KUALA LUMPUR, Oct 14 (Bernama) -- BMI, a Fitch Solutions company, expects Malaysia’s budget deficit to narrow from an estimated 3.9 per cent of gross domestic product (GDP) in 2025 to 3.6 per cent in 2026, broadly in line with the government’s fiscal projections.
