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Ringgit Opens Flat Vs US Dollar, Rises Against Other Major Currencies 

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit opened almost flat against the US dollar today but rose versus other major currencies, as the greenback continued to strengthen amid rising geopolitical risks, an analyst said.

Ringgit Slips Amid Rising Geopolitical Risks, But Remains Top Currency Globally Today

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 2 (Bernama) --  The ringgit closed lower on Wednesday as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar in a three-month period from July 2 to Oct 2.

Bank Islam Launches Second Tranche Of Sukuk Wakalah Amounting To RM250 Mln

KUALA LUMPUR, Oct 2 (Bernama) -- Bank Islam Malaysia Bhd has launched its second tranche of additional Tier-1 capital sukuk wakalah from its RM5.0 billion Sukuk Wakalah Programme amounting to RM250 million Perpetual Non-Call five years.

Malaysian Govt leads In BPAM 3Q 2024 Bond League Tables With RM55.68 Bln Issuance

KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian government has been named the overall top bond issuer in Bond Pricing Agency Malaysia Sdn Bhd’s (BPAM) Bond League Tables reports for the third quarter (3Q) of 2024, with a total issuance of RM55.68 billion.

YAPEIM Empowers Underprivileged Entrepreneurs With Capital Funding

PUTRAJAYA, Oct 2 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YAPEIM) is committed to supporting entrepreneurs from underprivileged backgrounds by providing business capital funding.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.

BNM Issues Commemorative Coins To Mark Sultan Ibrahim's Installation As 17th King

KUALA LUMPUR, Oct 2 (Bernama) -- Bank Negara Malaysia (BNM) has issued commemorative coins to mark the installation of Yang di-Pertuan Agong Sultan Ibrahim as the 17th king of Malaysia.

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

MIDF Expects Malaysia's Production Activities To Continue To Grow In Coming Months

KUALA LUMPUR, Oct 2 (Bernama) -- Despite concerns over slower factory activities, MIDF Amanah Investment Bank Bhd (MIDF) expects Malaysia’s production activities to continue to grow in the coming months. 

HLIB Expects Budget 2025 To Balance Fiscal Discipline And GDP Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.

Bursa Malaysia Opens Lower, Tracking Weaker Regional Sentiment

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia opened lower today, in line with weaker sentiment on the regional bourses due to emerging concerns over Middle East geopolitical tensions, according to an analyst.

Ringgit Retreats To Open Lower Vs US Dollar

KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit took a breather from recent gains to open lower against the US dollar today, weighed by a risk-off sentiment amid heightened global geopolitical tension, an analyst said.