AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.

RHB Bank Share Price Down Despite Higher 2Q Earnings

KUALA LUMPUR, Aug 29 (Bernama) -- RHB Bank Bhd’s shares slipped in early trade today despite the group reporting stronger earnings for the second quarter ended June 30, 2025 (2Q 2025).

Bursa Malaysia Reverses Earlier Gains To End Slightly Lower

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia gave up earlier gains to end marginally lower as persistent selling pressure emerged in the afternoon session, despite the mostly higher regional market performance.

RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Maybank Rises On Stronger 2Q Profit, Steady Outlook

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd (Maybank) shares rose in early trade on Wednesday, buoyed by its second quarter (2Q) ended June 30, 2025, result and steady growth outlook across key markets.

PNB Merdeka Ventures Proposes RM6 Bln Sukuk Programme For Merdeka 118 Development

KUALA LUMPUR, Aug 26 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV) has proposed an Islamic Medium-Term Notes (IMTN) programme (Merdeka Sukuk Wakalah Programme) of up to RM6 billion in nominal value.

Bursa Malaysia Ends Lower On Profit-taking, Tracking Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.

TH Plantations Net Profit Rises To RM11.79 Mln In Second Quarter

KUALA LUMPUR, Aug 25 (Bernama) -- TH Plantations Bhd’s (THP) net profit rose to RM11.79 million in the second quarter ended June 30, 2025 (2Q 2025) from RM10.41 million in the same period last year.

Malaysia's Leading Index Eases 0.2 Pct In June 2025 - DOSM

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia’s Leading Index (LI) annual growth rate saw a marginal 0.2 per cent decline in June 2025, at 113.4 points compared with 113.6  points  a year ago, according to the Statistics Department Malaysia (DOSM).  

Inflation Outlook Steady, Limited Impact From Fuel Cut

KUALA LUMPUR, Aug 25 (Bernama) -- Public Investment Bank (IB) Bhd has maintained its 2025 headline inflation forecast at 1.9 per cent year-on-year, while CIMB Securities Sdn Bhd trimmed its projections, with both firms expecting only limited impact from the planned fuel price cut.

Ringgit Rises Vs Greenback As Fed Signals Sept Rate Cut

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.