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Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

MCO Climbs Up Chartis Research RiskTech 100 Rankings

KUALA LUMPUR, Oct 11 (Bernama) -- Global compliance software provider MyComplianceOffice (MCO) announced it has climbed to number 44 on the RiskTech100 2025 list of the world's top risk and compliance technology solutions, after being listed among them once again by global research and analysis firm Chartis Research.

Top Glove’s Sales Growth Momentum To Sustain Into 2025 - RHB Research

KUALA LUMPUR, Oct 11 (Bernama) -- Top Glove Corporation Bhd’s sales volume growth momentum is expected to be sustained into 2025 due to increased inventory restocking and potential shifts in trade caused by United States (US) tariffs on China, said RHB Research.

 

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

Ringgit Opens Lower As US Signals Gradual Approach To Cutting Interest Rates

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.

Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 9 (Bernama) -- Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

ice’s Network Slicing For Norwegian Armed Forces Powered By Mavenir 5G Core 

KUALA LUMPUR, Oct 8 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, has delivered the full 5G core network for ice to enable a network slicing service.

Ringgit Falls Against US Dollar Following Strong US Payrolls Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit ended lower against the US dollar, mirroring the trend of other Asian currencies, after stronger-than-expected US nonfarm payrolls (NFP) data for September suggested the US economy was avoiding a recession and on course for a soft landing, an analyst said.

Malaysian, Indonesia Lead In Islamic Public Finance Innovations

JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).

Quantios Acquires Klea To Speed Up Automation In Corporate Services 

KUALA LUMPUR, Oct 3 (Bernama) -- Quantios, the global provider of Wealth and Corporate Services software as a service (SaaS) solutions, has completed the acquisition of Klea, an artificial intelligence (AI)-powered legal entity management (LEM) tool.