Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.

Gold Prices To Rise 10 Pct By September On Possible Fed Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- Gold is expected to increase by a further record-breaking 10 per cent in September from the current level of US$3,370 per ounce, driven by expectations that the United States (US) Federal Reserve (Fed) will lower its interest rates.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

MITI Projects Approved Investments Of RM104 Bln In 2025

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).

MITI Projects 2025 Approved Investments Of RM104 Bln For Manufacturinig And Services

KUALA LUMPUR, Aug 6 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has projected 2025’s approved investments to amount to RM104 billion involving manufacturing and selected services sectors under the purview of the Malaysian Investment Development Authority (MIDA).

Ringgit Ends Higher Ahead Of Fed Comments

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.

Ringgit Rises On Soft US Economic Data 

KUALA LUMPUR, Aug 6 (Bernama) --The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.

Ringgit Ends Higher Against US Dollar On Fed Rate Cut Hopes

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.

Malaysia Stands Firm On Key National Policies In US Trade Talks – PM Anwar

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia was among the few countries that stood firm on protecting key national policies during trade negotiations with the United States (US), Prime Minister Anwar Ibrahim told Parliament on Tuesday.

BNPL Still Under Control, Regulatory Measures Enhanced To Protect Consumers -- Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).

REE Set To Boost Negeri Sembilan’s State Revenue From 2027 -- Aminuddin

SEREMBAN, Aug 4 (Bernama) -- The Negeri Sembilan state government expects rare earth elements (REE) to make a major contribution to state revenue starting in 2027, the Negeri Sembilan State Legislative Assembly was told today.