Ringgit Rebounds As US Dollar Weakens Despite Optimism Over Trade Talk

By Siti Noor Afera Abu

KUALA LUMPUR, June 11 (Bernama) -- The ringgit strengthened against the US dollar as the greenback softened, with the US Dollar Index (DXY) slipping 0.1 per cent to 99.0 points, despite renewed optimism over a potential breakthrough in the United States (US)-China trade talks.

World Bank Forecasts Slower Growth Across Emerging Markets Amid Headwinds

KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.

World Bank Expects Global Growth Outlook At 2.3 Pct In 2025, Slowest Since 2008

KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.

AM Best Maintains Stable Outlook For South Korea’s Non-life Insurance Amid Regulatory Pressures

KUALA LUMPUR, June 4 (Bernama) -- The stable outlook on South Korea’s non-life insurance segment has been maintained by AM Best, noting a continued refinement of the country’s domestic solvency standards that have helped strengthen insurers’ capital management.

Malaysia's Headline Inflation Unchanged At 1.4 Pct In April - BNM

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's headline inflation remained unchanged at 1.4 per cent in April 2025, while core inflation edged up to two per cent from 1.9 per cent in March 2025, according to Bank Negara Malaysia (BNM).

Ringgit Strengthens Against US Dollar, Court Pauses Block On Trump-era Tariffs

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.

MIDF Amanah Anticipates RON95 Fuel Subsidy Rationalisation To Be Pushed To 4Q 2025

KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.

Global Business On Edge: Uncertainty Now Bigger Threat Than Red Tape

KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.

Malaysia's PPI Falls By 3.4 Pct In April 2025, Led By Mining Sector Decline

KUALA LUMPUR, May 28 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures price changes at the producer level, continued to decline by 3.4 per cent in April 2025, with the mining sector being the main contributor, said the Department of Statistics Malaysia (DOSM).

Malaysia’s Leading Index Rises 0.6 Pct In March, Signalling Continued Growth - MIDF

KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s economy is expected to maintain its growth trajectory, albeit at a more moderate pace, supported by solid economic fundamentals, said MIDF Amanah Investment Bank Bhd.

MPOC Sees CPO Remaining At RM3,750 To RM4,050 Range In May Before Gradual Recovery

KUALA LUMPUR, May 20 (Bernama) -- Crude palm oil (CPO) prices are expected to remain in the range of RM3,750 to RM4,050 per tonne in May before gradually recovering, according to the Malaysian Palm Oil Council (MPOC).

Affin Bank 1Q Net Profit Rises To RM124.09 Mln, Revenue Jumps To RM543.93 Mln

KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.