Gold Futures Close Lower On Softer COMEX Prices

KUALA LUMPUR, May 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, following a decline in COMEX prices.

Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Versus Greenback

By Karina Imran

KUALA LUMPUR, May 28 (Bernama) -- The ringgit opened mostly higher against major currencies today but eased slightly against the US dollar as investors stayed cautious over ongoing United States-Iran negotiations.

Rising Credit Commitments Highlight Need For Stronger Financial Awareness Among Middle-income Earners

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd. 

ICHAM Unveils Singapore VCC Fund Targeting US Equities

KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

Ringgit Closes Higher Against US Dollar, Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.

Rubber Market Ends Lower On Regional Declines

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.

Bursa Malaysia Ends Lower On Cautious Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters.

Ringgit Opens Firmer Against US Dollar On Easing West Asia Tensions

By K. Naveen Prabu

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.

Bursa Malaysia Opens Lower Tracking Wall Street’s Weaker Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.