1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 19 (Bernama) -- The Malaysian rubber market ended higher today, in tandem with the uptrend in regional rubber futures markets and a weaker ringgit against the dollar, a dealer said.
1m ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.
1m ago
From Sharifah Hunaini Syed Ismail
KAZAN, (TATARSTAN), May 17 (Bernama) -- ASEAN countries are taking steps to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.
1m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
1m ago
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.
1m ago
KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.
1m ago
KUALA LUMPUR, May 8 (Bernama) -- Malaysia’s international reserves expanded to US$118.70 billion as at April 30, 2025, from US$118.40 billion on April 15, 2025, according to Bank Negara Malaysia (BNM).
2m ago
KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)
2m ago
KUALA LUMPUR, May 6 (Bernama) -- The World Bank has commended Malaysia for its mutual halal certification agreement with Indonesia and the gradual removal of egg price controls, describing them as bright spots in the country’s economic landscape.
2m ago
KUALA LUMPUR, May 6 (Bernama) -- The ringgit extended gains, opening stronger against the US dollar on Tuesday, supported by ongoing positive sentiment towards the local currency, said an analyst.