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SP Setia Appoints New Deputy CEO, COO

KUALA LUMPUR, Sept 22 (Bernama) -- SP Setia Bhd has appointed Tan Hwa Min as deputy chief executive officer (CEO) (effective Nov 17), and Datuk Yuslina Mohd Yunus as chief operating officer (COO), (effective Oct 1), following the appointment of Datuk Zaini Yusoff as president and CEO (effective Oct 1).

Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.

Gold Futures Likely To Trade Cautiously Next Week

By Anas Abu Hassan

KUALA LUMPUR, Sept 20  (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trend cautiously next week, following the United States (US) Federal Reserve’s (Fed) recent interest rate cut.

Ringgit To Trade Within Tight Range Next Week

By Anas Abu Hassan

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.

Sime Darby Property Launches New Logo, Reaffirms 50-Year Legacy In Property Development

KUALA LUMPUR, Sept 18 (Bernama) -- Sime Darby Property Bhd today launched a new logo, reaffirming its role as a trusted leader and nation builder with a legacy spanning over 50 years in property development.

Ringgit Opens Higher Against Us Dollar On Softer Fed Outlook

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday,  supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an analyst.

Gold Futures Set To Trade Higher Next Week Amid Probable Fed Rate Cut

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, trading between US$3,630-US$3,680 per troy ounce, amid the United States (US) Federal Reserve’s likelihood of an interest rate cut.

FBM KLCI Futures Set To Trade Higher Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting.

Ringgit Expected To Trade In Tight Range Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit is expected to trade within a tight range next week as investor focus shifts to the United States’ anticipated interest rate cut.

Ringgit Breaches 4.20 Level Against Greenback Ahead Of Widely Expected US Interest Rate Cut

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit ended the week on an upbeat note ahead of a widely expected interest rate cut by the United States next week.

Bursa Breaks 1,600 Level As Investors Position Ahead Of Long Weekend

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.

Ringgit Holds Steady Versus Greenback Ahead Of US CPI Report

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit held steady against the American dollar and strengthened versus other major currencies at the close on Thursday, as investors awaited the US Consumer Price Index (CPI) report due later tonight.