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US Tariffs Deadline Lifts Ringgit At Close

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit settled higher against the US dollar on Tuesday, as the rollback of the United States (US) tariffs deadline on Mexico and Canada lifted global growth sentiment, said an analyst.

Malaysia Remains Committed To Being An Open Economy Amid US Policy Changes - Mohamad

KUALA LUMPUR, Feb 4 (Bernama) -- The government has reaffirmed its commitment to maintain Malaysia as an open economy that relies on international trade and is taking strategic steps to reconcile the country's interest with policy changes under the new United States (US) administration.

KL Rubber Market Closes Higher, Tracking Steady Crude Oil

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by steady benchmark crude oil prices and the weakening of the ringgit against the US dollar, said a dealer.

Bursa Malaysia Closes Lower Amid Heightened Risk Aversion

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

Malaysia Remains Key Data Centre Hub Despite Global Concerns – MIDF

KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.

Air Cargo Demand Soars 11.3 Pct In 2024, Surpassing 2021 Record -- IATA

KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).

Key Alliance Appoints Farhash Wafa Salvador As Chairman

KUALA LUMPUR, Jan 28 (Bernama) -- Key Alliance Group Bhd has appointed Datuk Wira Farhash Wafa Salvador as its new chairman. 

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.

Ringgit Rises On Moody's Positive Sovereign Credit Rating

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 27 -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

Ringgit Rises On Moody's Positive Sovereign Credit Rating

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.  

At 8 am, the ringgit strengthened to 4.3710/3790 against the greenback, compared to Friday's close of 4.3750/3800.  

Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year.