Ringgit Set To Stay Firm With Upside Bias Against USD Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.

Bursa Malaysia Higher In Early Trade

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.  

Citadel Trustee Targets RM10 Bln Aum In Five Years Via Citadel Dynasty Trust

KUALA LUMPUR, May 20 (Bernama) -- Citadel Trustee Bhd, through its private wealth planning trust Citadel Dynasty Trust (CDT), expects to achieve its asset under management (AUM) target of RM10 billion within five years of the trust’s launch.

Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

Petronas Chemicals Shares Slip 4.57 Pct On Weaker 1Q2025 Earnings

KUALA LUMPUR, May 21 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares slipped by 4.57 per cent in early trading today after reporting weaker earnings for the first quarter ended March 31, 2025 (1Q2025).

Auto Sales To Cool In 2025 After Record High In 2024, Says HLIB

KUALA LUMPUR, May 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects the automotive sector’s total industry volume (TIV) for 2025 to normalise down to the 750,000-unit level, after achieving a record high of 816,700 units in 2024.

Bursa Malaysia Opens Mixed

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight. 

Bursa Malaysia Lower At Midday

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia remained lower at the end of the morning trading session in the absence of fresh leads. 

Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.

Malaysia's Automotive Sector TIV Falls 16.8 Pct In April To 60,527 Units - MAA

KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) fell 16.8 per cent to 60,527 units in April compared to March, according to the Malaysian Automotive Association (MAA) 

First Round Of Malaysia-EU FTA Negotiations Set For June 30 In Belgium

KUALA LUMPUR, May 19 (Bernama) — The first round of negotiations for a new and comprehensive free trade agreement (FTA) between the European Union (EU) and Malaysia will commence in Brussels, Belgium, from June 30 to July 4 this year.