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Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

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.

Ringgit Closes Higher Against Greenback , Regional Peers On Easing West Asia Tensions

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.

Rubber Market Ends Mixed

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 9 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, improved market sentiment following easing geopolitical tensions in West Asia, but was weighed down by expectations of improving natural rubber supply conditions and lower benchmark crude oil prices, a dealer said.

Bursa Malaysia Slips At Open, Gainers Outpace Losers

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.

Ringgit Opens Higher Against US Dollar, Most Major Currencies

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.

Ringgit Ends Lower Against US Dollar

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.

Classico Expands Pokemon-Themed Medical Apparel Collection Across Asia

KUALA LUMPUR, June 8 (Bernama) -- Classico Inc, a Japanese medical apparel brand, has launched the #ClassicoPokemonCollection across Asia, including Singapore, Malaysia, the Philippines, Hong Kong, Taiwan and Thailand.

Tianjin Shipping Expo Highlights Growing AI Opportunities

KUALA LUMPUR, June 8 (Bernama) -- The Fourth Tianjin International Shipping Industry Expo (TISIE), which concluded in north China's Tianjin Municipality, showcased growing artificial intelligence (AI) opportunities in the shipping industry.

West Asia Conflict Drives Near-Term APAC Coal Demand Spike -- Rystad Energy

KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.

South, Southeast Asia Credit Strength Set To Remain Stable Over Next 12-18 Months Despite Strong Greenback

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.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Ringgit Higher Against Most Major Currencies, Easier Vs US Dollar

KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.