RAM Ratings Maintains Stable Outlook On Malaysian Banking Sector For 2025

KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.

Ringgit Rises As US Dollar Index Retreats

KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.  

Ringgit Ends Slightly Higher Against Greenback Amid Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.

Malaysian Banks To See Moderate Profit Growth In 2025 On Steady Loan Expansion -- RAM Ratings

KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.

Ringgit Set To Strengthen Against US Dollar In 2025, Averaging At RM4.23 – MIDF

KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.

Ringgit Declines As US Prepares 25 Pct Tariffs On Canada, Mexico

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.

Alliance Bank 3Q Net Profit Rises To RM186.67 Mln Along With Higher Revenue

KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.

Maybank Likely To Shine In The Current Market Climate - HLIB

KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Ringgit Opens Slightly Higher Against US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.

Ringgit Opens Higher Against US Dollar Ahead Of FOMC Minutes Release

KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.

MIDF Expects Ringgit To Strengthen To RM4.23 Against US Dollar In 2025

KUALA LUMPUR, Feb 3 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, expects the ringgit to appreciate with an average rate of RM4.23 versus the US dollar this year.

Hindustan Zinc Clocks Q3 With Highest Ever Revenue, Profit And Metal Production

KUALA LUMPUR, Feb 3 (Bernama) -- India-based Hindustan Zinc Limited (HZL), the integrated zinc and silver producer, has recorded its highest-ever nine months mined and refined metal production at 784 karat (kt) and 783 kt, respectively.