26d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.
26d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.
27d ago
KUALA LUMPUR, Dec 4 (Bernama) -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.
27d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.
27d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia pared earlier losses to end marginally lower today as cautious sentiment prevailed ahead of the US Federal Reserve (Fed) meeting next week.
27d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.
27d ago
From Siti Noor Afera Abu
LAS VEGAS, Dec 3 (Bernama) -- US-based cloud company Snowflake today announced that it has deepened strategic partnerships with Amazon Web Services (AWS), Anthropic and Accenture to expand its artificial intelligence (AI) services and capabilities.
27d ago
KUALA LUMPUR, Dec 4 (Bernama) -- OTC Markets Group Inc and Moomoo, a global investment and trading platform, announced a major achievement in retail investing as Moomoo officially connects to OTC Markets’ MOON ATS, delivering seamless, around-the-clock market access for investors worldwide.
27d ago
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia stayed lower at midday on Thursday due to persistent selling in selected heavyweights, led by the utilities and financial services sectors.
27d ago
KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia’s gross domestic product (GDP) is expected to expand by 4.6 per cent in 2026, supported by improving external demand despite a slight moderation in domestic activity, said CGS International Securities Malaysia Sdn Bhd.
27d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened slightly higher today on bargain hunting, tracking Wall Street’s overnight rebound amid rising expectations of US monetary easing next week.
27d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.