Ringgit Opens Flat On Caution After Recent Gains

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

FBM KLCI Highest In Four Months On US Rate Cut Hopes

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.

APEC: Women’s Safety Key To Driving Inclusive Growth

KUALA LUMPUR, Aug 9 (Bernama) -- For Asia Pacific Economic Cooperation (APEC) economies to realise inclusive growth, women’s safety must be treated as an economic priority, which includes dismantling the structures that enable violence to persist, APEC said. 

Ringgit Likely To Trade Cautiously Next Week Amid US Tariff Concerns

KUALA LUMPUR, Aug 9 (Bernama) -- The ringgit is anticipated to trade cautiously against the dollar next week as investors monitor external developments, particularly regarding United States tariffs.

Bursa Malaysia Outperforms Regional Peers, Ends Week At Intraday High

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment.

SD Guthrie FY2025 Earnings Seen Firm, Softer In Second Half - Analysts

KUALA LUMPUR, Aug 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects SD Guthrie Bhd’s financial year 2025 (FY2025) earnings to remain robust, although performance in the second half (2H) may ease slightly.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Planet Labs Unveils Final Speaker Lineup For Bali Event Next Month

KUALA LUMPUR, Aug 6 (Bernama) -- Planet Labs PBC, a provider of daily data and insights about change on Earth, has announced the final agenda and speakers for its upcoming Planet On The Road event in Bali, Indonesia, on Sept 9.

Structural Reforms Continue To Underpin Malaysia's Resilience -- BNM Governor

KUALA LUMPUR, Aug 5 (Bernama) -- Structural reforms continue to underpin Malaysia’s resilience, strengthening fiscal discipline, attracting high-quality investment and expanding economic opportunities, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour today. 

Ringgit Strengthens On Weak US Jobs Report

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.

AYS Ventures' Associate Company Acquires More Than 90 Pct Shares In CosmoSteel

KUALA LUMPUR, Aug 1 (Bernama) -- AYS Ventures Bhd's associate company, 3HA Capital Pte Ltd and parties acting in concert with it has acquired more than 90 per cent equity interest in Singapore-listed CosmoSteel Holdings Ltd.