Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

Ringgit Appreciates To Strongest Level Since October 2024

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.

Gold Futures Close Lower

KUALA LUMPUR, Nov 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday despite the positive momentum in the US COMEX gold market.

Ringgit Closes At 4.17 Against US Dollar -- Its Strongest Level This Year

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

Bursa Malaysia Strengthens Cooperation With Regulators To Reduce Risk Of Foreign Fund Sell-Offs

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia, together with regulatory authorities, is working closely to enhance market efficiency, vibrancy, and accessibility for investors — including foreign investors — to reduce the risk of sell-offs and foreign fund outflows from the equity market.

No Immediate Need To Reduce OPR, Malaysia's Economic Outlook Remains Resilient - Analysts

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. 

Ringgit’s Strong Run Backed By Narrowing Rate Gap, Domestic Resilience

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit is seen moving towards the 4.00 to 4.15 level against the greenback by end-2025, after registering a six per cent gain against the US dollar year-to-date, making it the top-performing Asian currency and affirming its steady trajectory.

FBM KLCI Ends Morning Session Almost Flat

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the morning session nearly unchanged today, as choppy trading offset support from stronger regional performance.

Bursa Edges Lower At Midday, Tracking Regional Losses

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia slipped at midday, mirroring declines in regional markets as investors continued profit-taking in select heavyweights, led by financial, and consumer products and services counters.

Ringgit Opens Steady Vs Greenback Ahead Of Rate Decisions

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.

Ringgit Rebounds As Weak US Data, Fed Uncertainty Weighs On Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded to close higher on Tuesday as weaker US economic data and uncertainty over the US Federal Reserve's (Fed) next monetary policy move weighed on the greenback.