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By Zufazlin Baharuddin
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.
KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.
WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November.
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia must enhance its local gold refining capabilities to minimise the outflow of foreign exchange (forex) currently incurred by sending the precious metal to overseas facilities.
KUALA LUMPUR, July 29 (Bernama) -- DXN Holdings Bhd’s net profit fell by 13.6 per cent to RM73.91 million in the first quarter ended May 31, 2025 (1Q FY2026) from RM85.56 million in the same period last year due to foreign exchange (forex) losses stemming from the strengthening of the ringgit.
KUALA LUMPUR, July 17 (Bernama) -- Ancom Nylex Bhd’s net profit for the financial year ended May 31, 2025 (FY2025) slipped to RM63.49 million compared to RM81.47 million recorded in FY2024.
KUALA LUMPUR, July 3 (Bernama) -- EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its standing as a trusted broker in global markets.
KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.
KUALA LUMPUR, June 12 (Bernama) -- Bank Negara Malaysia (BNM) will roll out the Qualified Resident Investor (QRI) programme for eligible corporates fully, effective July 1, 2025, to encourage two-way flows in the onshore foreign exchange market.
KUALA LUMPUR, May 27 (Bernama) -- As Malaysia advances its ambition to become a regional digital hub, Tenaga Nasional Bhd (TNB) continues to power critical infrastructure for the sector.
KUALA LUMPUR, May 16 (Bernama) -- Research houses are positive on Dialog Group Bhd’s long-term ventures in the upstream and midstream segments despite its lower net profit for the third quarter ended March 31, 2025 (3Q FY2025).
