Ringgit Opens Higher Vs Greenback As US Signals Iran Exit
KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.
| LATEST NEWS | Cost implications from raw materials and other costs visible after June -- Energy Commission | The Energy Commission is looking at energy cost scenarios in case the West Asia conflict is prolonged — CEO | The Energy Commission has done its part to secure raw supply for energy fuel in short term period - EC CEO | About 85 pct of domestic or household consumers will remain at a stable or neutral level in terms of electricity bill impact following the incentive -- Energy Commission CEO | Automatic Fuel Adjustment: Electricity, gas tariff adjustments to be made periodically based on the actual cost of supply - Energy Commission CEO | |
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Ringgit, Regional Currencies Edge Lower As Investors Eye US Data, Developments In West Asia
By Harizah Hanim Mohamed
KUALA LUMPUR, March 31 (Bernama) -- The ringgit and its regional peers continued to trade lower against the US dollar on Tuesday, as market sentiment remained fixated on the conflict in Iran and the elevated global energy crisis.
Ringgit, Regional Currencies Edge Lower As Investors eye US Data, Developments In West Asia
By Harizah Hanim Mohamed
KUALA LUMPUR, March 31 (Bernama) -- The ringgit and its regional peers continued to trade lower against the US dollar on Tuesday, as market sentiment remained fixated on the conflict in Iran and the elevated global energy crisis.
Energy Security Remains Paramount Amid Escalating Geopolitical Tensions - Petronas
KUALA LUMPUR, March 31 (Bernama) -- Energy security will remain paramount as the global energy system comes under increasing strain from escalating geopolitical tensions in West Asia, Petroliam Nasional Bhd (Petronas) said today.
Islamic Finance Gains Momentum In ASEAN, Reflecting Wider Appeal And Interest - BNM
KUALA LUMPUR, March 31 (Bernama) -- Islamic finance has gained momentum in ASEAN with emphasis on value-based principles, balanced risk-reward considerations and wider benefits for society and the environment as global interest in ethical and sustainable finance expanded, says Bank Negara Malaysia (BNM).
Stay The Course, Strengthen Economic Fundamentals And Policy Buffers - BNM Governor
KUALA LUMPUR, March 31 (Bernama) – Strengthening economic fundamentals and policy buffers amid uncertainties to global trade are crucial tools to ensure continuous growth and, in the process, guarantee the well-being of the rakyat, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
Ringgit On Modest Rebound Against Greenback At Opening
By Zufazlin Baharuddin
KUALA LUMPUR, March 31 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday, with a modest rebound although gains remain limited, said an analyst.
Ringgit, Regional Currencies End Lower Vs US Dollar As Geopolitical Tensions Persist
By Harizah Hanim Mohamed
KUALA LUMPUR, March 30 (Bernama) -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
Capital A Plans To Exit PN17 After Four Consecutive Profitable Quarters — Tony Fernandes
KUALA LUMPUR, March 30 (Bernama) -- Capital A Bhd is eyeing to exit its Practice Note 17 (PN17) status after achieving four consecutive quarters of profitability, said its chief executive officer Tan Sri Tony Fernandes.
AirAsia Expects Modest Fare Hikes But Maintains Low-Cost Positioning
KUALA LUMPUR, March 30 (Bernama) -- Capital A chief executive officer Tan Sri Tony Fernandes said AirAsia fares may see a modest increase while remaining affordable, following the conflict in West Asia.
Ringgit Eases Vs Greenback, Investors Shift To Safe-Haven Assets
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 30 (Bernama) -- The ringgit eased on Monday as market players continued to shift towards safe-haven assets amid uncertainties surrounding the fallout from the ongoing conflict in West Asia, now stretching beyond a month.
Japan Seeks To Expand Investment In Malaysia’s Digital, High-Tech Sectors
KUALA LUMPUR, March 29 (Bernama) — Japan is aiming to expand its investment in Malaysia’s digital industry, encompassing niche areas such as high-tech chip products and data centres.