15d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
15d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysian palm oil stocks are projected to rise 3.0 per cent month-on-month (m-o-m) to 2.93 million tonnes in December 2025, as a modest 2.0 per cent m-o-m increase in exports will be insufficient to offset expected output, said CIMB Securities Sdn Bhd.
15d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Russia is seeking to deepen trade and economic cooperation with Malaysia, particularly in the electronics and semiconductor sectors, which Moscow considers strategically important amid global supply-chain shifts.
15d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.
16d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.
16d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
16d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
16d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.
16d ago
KUALA LUMPUR, Dec 9 (Bernama) -- Malaysia is entering 2026 with its oil and gas sector still standing firm, but the ground beneath it is shifting faster than at any point in decades.
17d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
17d ago
KUALA LUMPUR, Dec 8 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, despite mixed signals from regional rubber futures markets, a dealer said.