| LATEST NEWS | At 6 pm, the ringgit rose to 4.0650/0690 versus the US dollar from Wednesday’s close of 4.0670/0715. | MPRC should lead the OGSE sector by building industry capacity, expanding market access and turning overseas opportunities into business outcomes — Akmal Nasrullah | Malaysia and Turkmenistan expected to sign a long-term hydrocarbon cooperation agreement on June 19 as part of efforts to strengthen the energy supply chain -- Akmal Nasrullah | Global supply crisis: Govt strengthening buffer stocks, to accelerate access to critical medicines if needed - Akmal Nasrullah | Global supply crisis: Labour forces rises to 17.33 million people, participation rate remains strong at 70.9 pct in April - Akmal Nasrullah | |
KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.
KUALA LUMPUR, June 9 (Bernama) – The ringgit remains among the best-performing currencies in the region this year, supported by strong investment inflows and Malaysia’s economic fundamentals despite heightened global uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 9 (Bernama) -- The ringgit closed higher against the US dollar and was mostly stronger against regional currencies on Tuesday, supported by improved market sentiment amid easing geopolitical tensions in West Asia.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.
KUALA LUMPUR, June 9 (Bernama) -- Software company Mavenir and TextNow, an ad-supported wireless service provider in the United States (US), have jointly won the Best MVNO and Industry Collaboration award at the MVNOs World Awards in Amsterdam.
KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.
KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
KUALA LUMPUR, June 8 (Bernama) -- Global cloud- and carrier-neutral data centre platform Digital Realty has announced its establishment in Malaysia and plans to develop and scale approximately 32 megawatts (MW) of data centre capacity to support the country’s growing digital infrastructure needs.
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.
