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Ringgit Maintains Stronger Footing At The Close

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist. 

Funding Societies Secures 3rd HSBC facility, Surpassing RM436 Mln In Total Financing

KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).

Ringgit Opens Higher As US Dollar Weakens Post-NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit maintained its upward momentum, opening higher on Tuesday as the US Dollar Index (DXY) weakened following last Friday’s release of US non-farm payroll (NFP) data, said an analyst.

Ringgit Ends Firmer Against Greenback Amid Heightened Uncertainty Ahead Of US Election

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist. 

R​​​inggit Rebounds, Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later in the week.

Cautious Tone Expected For Ringgit Versus US Dollar Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.

CPO Futures Hit Fresh 2-year High For Third Consecutive Day

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, reaching a fresh two-year high for the third consecutive day at above RM4,800 per tonne, amid rising crude oil prices, said palm oil trader David Ng.

Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

Ringgit Eases Slightly Against Greenback Ahead Of Non-farm Payroll Data, US Election

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit eased slightly at the close against the US dollar on Friday ahead of the release of the American non-farm payroll (NFP) data later tonight and the US presidential election next week, said an analyst. 

Ringgit Opens Flat Amid Investor Caution On US Election Risks

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.

US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

Ringgit Edges Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial week, said an analyst.