Ringgit Rises As Weaker US Dollar Faces Policy Uncertainties

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.

AM Best Rates Delta’s Affiliates’ Performance Assessment Excellent

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore.

MoneyHero Launches Credit Hero Club In Hong Kong To Boost Credit Transparency

KUALA LUMPUR, Nov 3 (Bernama) -- MoneyHero Limited (MoneyHero), a leading tech- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform, has launched the Credit Hero Club in Hong Kong, powered by TransUnion.

US Respects Malaysia’s Sovereign Right To Pursue Economic Interests – Ambassador 

KUALA LUMPUR, Nov 2 (Bernama) -- The United States respects Malaysia’s sovereign right to pursue its own foreign and economic policy, including its interest in exploring opportunities with the BRICS economic grouping, said US Ambassador to Malaysia Edgard D Kagan.

Ringgit Opens Flat Vs Greenback As Markets Digest Fed’s Hawkish Rate Cut

 KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

MoneyHero Launches AI Initiative To Boost Revenue, Margins In Southeast Asia

KUALA LUMPUR, Oct 30 (Bernama) -- MoneyHero Limited (MoneyHero) has launched Project Odyssey, a group-wide artificial intelligence (AI) initiative intended to accelerate revenue growth and expand operating margins through intelligent automation and conversational product experiences.

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

Rubber Market Ends Mixed On Optimism Over Possible Chinese Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Malaysian rubber market closed mixed today amid optimism over potential Chinese stimulus, a dealer said.

US Tariff Relief Positive Step For Malaysia’s Palm Oil Industry - MPOC

KUALA LUMPUR, Oct 28 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has welcomed the United States' (US) tariff exemptions for selected Malaysian products, including palm oil, under the newly concluded Agreement on Reciprocal Trade.

Ringgit Ends Marginally Higher Ahead Of US CPI Data Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit ended marginally higher against the greenback today as investors turned cautious ahead of the release of the United States (US) Consumer Price Index (CPI) data.

Rubber Market Ends Higher On Regional Futures Uptrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 24 (Bernama) -- The Malaysian rubber market closed higher on Friday, in tandem with the uptrend in regional rubber futures markets, said a dealer.