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.
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Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.
OPR Likely To Be Unchanged; Ringgit Forecast At 4.25 vs USD Year-end - Kenanga
KUALA LUMPUR, Oct 8 (Bernama) -- Bank Negara Malaysia (BNM) is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd (Kenanga).
ASEAN Must Remain Neutral To Boost Regional Investment - Tengku Zafrul
VIENTIANE, Oct 8 (Bernama) -- ASEAN must maintain its neutrality in the face of global geopolitical tensions to stimulate foreign investments in the region, said Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
ASEAN Should Focus On High-impact 'quick Wins' To Provide Tangible Business Values - Tengku Zafrul
From Rosmalis Anuar
VIENTIANE, Oct 7 (Bernama) — ASEAN should focus on high-impact “quick wins” that are practical and capable of providing immediate and tangible business value to enhance the visibility of the grouping to its immediate stakeholders.
Bursa Malaysia Ends Firmer On Bargain Hunting Amid Regional Uptrend
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the trading day higher on Monday amid the regional uptrend, buoyed by bargain hunting in commodities, consumer goods and gaming.
Malaysians Must Realise That Country Is Not Immune To Effects Of Global Uncertainty -- Rafizi
KOTA KINABALU, Oct 5 (Bernama) -- Malaysians need to understand and accept that the country, being an open market economy, is exposed to the effects arising from global economic uncertainty, according to Economy Minister Rafizi Ramli.
Rubber Market Likely To Trade Range-bound With Higher Bias Next Week
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.
Bursa Malaysia Ends Lower On Concerns Over Middle-East Tension
By Zarul Effendi Razali
KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.
Msia: 53 PCT Of E&E, Semiconductor Companies Optimistic On Business Outlook In 4Q
KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).