7m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
7m ago
KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures.
7m ago
KUALA LUMPUR, May 28 (Bernama) — The success of individuals, companies and nations in the future could be measured by how effectively they deploy and use artificial intelligence (AI), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
7m ago
KUALA LUMPUR, May 28 (Bernama) -- New legislation has to be introduced to enable artificial intelligence (AI) to operate independently, without having to subject itself to the laws of the country, said Prime Minister Datuk Seri Anwar Ibrahim.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 28 (Bernama) -- The impact of enhancing the digital economy via the ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will be immense because the region’s digital economy is projected to reach US$1 trillion by 2030, an economist said.
7m ago
KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)
7m ago
By Karina Imran
KUALA LUMPUR, May 27 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will drive deeper integration and create prosperity across the Southeast Asian economies, while strengthening the bloc’s resilience against external economic pressures, an economist said today.
7m ago
From Kisho Kumari Sucedaram
BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South.
7m ago
KUALA LUMPUR, May 26 (Bernama) -- Over the past decade, Saudi Arabia’s Capital Market Authority (CMA) has steadily opened its financial markets to global investors, attracting foreign holdings of nearly 423 billion Saudi riyals by the end of 2024. (100 Saudi riyals = RM112.50)
7m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.
7m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
7m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback depreciated due to weaker United States (US) economic data recorded, an analyst said.