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Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

Ringgit The Clear Winner From FFR Cut, Pivots Vs USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst. 

Ringgit Retreats Against US Dollar In Early Trade

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as traders took profit after recent gains, analysts said.

ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO

KUALA LUMPUR, Sept 18 (Bernama) -- Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO).

11x Secures US$24 Mln To Advance AI-Powered Digital Workers, Expand Global Footprint

KUALA LUMPUR, Sept 17 (Bernama) -- A pioneering AI startup transforming the modern workforce with autonomous digital workers, 11x announced closing a US$24 million Series A funding round. (US$1=RM4.29)

EIG’s MidOcean Raises Stake In Peru LNG To 35 Pct

KUALA LUMPUR, Sept 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, and Hunt Oil Company (Hunt) announced they have entered into a definitive agreement for MidOcean to acquire an additional 15 per cent interest in Peru LNG (PLNG) from Hunt.

SC, MyCreative Launch Batik Competition To Promote Malaysian Heritage Globally

KUALA LUMPUR, Sept 14 (Bernama) -- The Securities Commission Malaysia (SC) has partnered with Kumpulan MyCreative Ventures to launch a batik design competition aimed at showcasing Malaysian batik heritage on the global stage.

Ringgit Likely To Continue Uptrend Next Week, Trading At 4.28-4.29 Against US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18.