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Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Global Expert Panel Formed To Build Financial-Grade Carbon Accounting Framework

KUALA LUMPUR, Oct 30 (Bernama) -- Carbon Measures and the International Chamber of Commerce (ICC) have announced the formation of an independent expert panel to design a global carbon emissions accounting system modelled on financial accounting principles.

SIAD To Supply 3,500 MTPD Air Separation Unit For Pacifico Mexinol Project

KUALA LUMPUR, Oct 30 (Bernama) -- SIAD Americas LLC announced that SIAD has been selected to provide an air separation unit (ASU) for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico.

MoneyHero Launches AI Initiative To Boost Revenue, Margins In Southeast Asia

KUALA LUMPUR, Oct 30 (Bernama) -- MoneyHero Limited (MoneyHero) has launched Project Odyssey, a group-wide artificial intelligence (AI) initiative intended to accelerate revenue growth and expand operating margins through intelligent automation and conversational product experiences.

Xi Jinping Urges Partnership With US, Says Frictions Are 'Normal' Between Economic Powers

KUALA LUMPUR, Oct 30 (Bernama) -- China and the United States (US) should be partners and friends, Chinese President Xi Jinping said in his meeting with his counterpart Donald Trump at the Gimhae Air Base in Busan, South Korea, while stating that it is normal for two economic powerhouses to have frictions at times.

Xi Jinping Urges Partnership With Us, Says Frictions Are 'normal' Between Economic Powers

KUALA LUMPUR, Oct 30 (Bernama) -- China and the United States (US) should be partners and friends, Chinese President Xi Jinping said in his meeting with his counterpart Donald Trump at the Gimhae Air Base in Busan, South Korea, while stating that it is normal for two economic powerhouses to have frictions at times.

BNM To Issue Policy Document To Broaden Takaful Industry

KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) plans to issue a policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year, outlining shariah and regulatory requirements to unlock the full potential of the industry in fostering financial resilience and inclusion.

Malaysia’s Spotlight Moment A Test Of Brand And Balance

KUALA LUMPUR, Oct 30 (Bernama) – The 47th ASEAN Summit and related meetings that has just ended in Kuala Lumpur this week offered Malaysia more than just diplomatic theatre. 

APEC Ministers To Discuss Trade, Geopolitics Before Leaders Meet

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- Asia-Pacific Economic Cooperation (APEC) foreign and trade ministers are set to deliberate on geopolitical and trade issues and directions ahead of the leaders’ meet tomorrow, including Prime Minister Datuk Seri Anwar Ibrahim, at the coastal city here.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

DXN 2Q Net Profit Surges To RM70.26 Mln, Announces 0.80 Sen Dividend

KUALA LUMPUR, Oct 29 (Bernama) -- DXN Holdings Bhd’s net profit for the second quarter ended Aug 31, 2025 (2Q 2025), rose to RM70.26 million from RM65.97 million a year earlier.

PNB, EPF Reaffirm Commitment To Battersea Project, Says No Immediate Plan To Exit

KUALA LUMPUR, Oct 29 (Bernama) -- The Battersea project in London, United Kingdom, owned by a consortium led by Sime Darby Property Bhd and SP Setia Bhd, remains a key strategic investment for its shareholders, said Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF).