9d ago
KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.
10d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Malaysia has secured RM92.8 billion in approved investments for the first quarter of 2026 (1Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in the reporting quarter.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.
12d ago
KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.
13d ago
KUALA LUMPUR, June 5 (Bernama) -- The Federal Land Development Authority (Felda) has inked a memorandum of understanding (MoU) with Encorp Bhd, under which the latter will undertake the design and construction of housing for Felda employees.
13d ago
KUALA LUMPUR, June 5 (Bernama) -- The increase in the biodiesel mandate from B10 (10 per cent palm-oil-based biodiesel) to B15 will reduce the country’s reliance on export markets, said Federal Land Development Authority (Felda) chairman Datuk Seri Ahmad Shabery Cheek.
13d ago
By Siti Radziah Hamzah
KUALA LUMPUR, June 5 (Bernama) -- Malaysia needs clear policy and regulatory direction to maintain investor confidence and support the country’s energy transition agenda, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Thursday.
13d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.
14d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia ended on a firmer note today, outperforming a broadly weaker regional market, as local sentiment was supported by bargain hunting in oversold blue-chip stocks following the benchmark index’s recent slide.
15d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier gains to end lower on Wednesday, weighed down by losses in telecommunications and banking sectors, despite a broadly positive performance across Asian markets.