1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting has unveiled its strategic approach for rewriting the economic playbook during several key sessions, emphasising the Kingdom’s progress under Vision 2030.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit jumped to its highest level in almost three months against the US dollar at the close on Friday after US President Donald Trump adopted a softer tone on China tariffs and signalled that he wanted lower interest rates.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The global environmental, social and governance (ESG) sukuk market is set to surpass US$50 billion (US$1=RM4.46) outstanding in 2025, according to Fitch Ratings.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.
1y ago
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, supported by improved buying sentiment for the domestic currency despite a stronger US Dollar Index (DXY).
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be thinly traded during the upcoming Christmas holiday week, with prices projected to range between US$2,585 and US$2,635 amid cautious market sentiment and subdued year-end activity.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has secured US$90 million in debt finance for its long-standing Brazil-based client, BTG Pactual, the largest investment bank in Latin America. (US$1=RM4.50)
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.