Ringgit Ends Higher Against Greenback Amid Continued Concerns Over US Fiscal Policy

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.

ASEAN Urged To Close MSME Gaps To Unlock Growth

KUALA LUMPUR, May 23 (Bernama) -- A prominent Malaysian private sector official has urged ASEAN to prioritise strategies and policies that address the challenges facing micro, small and medium enterprises (MSMEs), to ensure the regional economy fully benefits from their potential.

Ringgit Ends Higher Against Greenback On Concerns Over US Fiscal Health

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

EXIM Bank Seals Strategic Aerospace Partnerships With NAICO, PWNE At LIMA 2025

KUALA LUMPUR, May 21 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has forged strategic partnerships with the National Aerospace Industry Corporation Malaysia (NAICO) and PWN Excellence Sdn Bhd (PWNE). 

Ringgit Closes Lower Against Greenback Despite Weaker US Dollar Index

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.

CT Group Showcases Advanced Tech At National Assembly Exhibition

KUALA LUMPUR, May 20 (Bernama) -- CT Group was among a select group of private enterprises invited to participate in a special exhibition held at the National Assembly Building, Hanoi, aimed at implementing Vietnam’s Resolution No. 68-NQ/TW on private economic development.

AEON Credit Issues Ninth Sukuk Wakalah Of RM400 Mln

KUALA LUMPUR, May 20 (Bernama) -- AEON Credit Service (M) Bhd has made its ninth issuance of senior sukuk under its RM5 billion Sukuk Wakalah programme.

Gold Futures End Higher On US Fiscal Concerns

KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.

Ringgit Rises Against US Dollar Following US Credit Rating Downgrade

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker US Dollar Index (DXY) which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.

Sidra Capital Joins Malaysia's Bursa Suq Al-Sila’ To Boost Islamic Finance Reach

KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.

Bursa Malaysia Ends Lower In Line With Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended lower on Monday, mirroring the lacklustre performance across Asia as weak Chinese economic data and the recent downgrade of the United States’ sovereign credit rating weighed on regional market sentiment.