1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit extended its gains to close marginally higher against the US dollar on Friday on the rising expectations for a cut in US interest rates in December.
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KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, supported by sustained optimism over a potential shift in US monetary policy and improving sentiment toward emerging-market currencies.
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KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
1m ago
By Jailani Hasan
LABUAN, Nov 27 (Bernama) -- Cheng & Co Group has strengthened its regional wealth management capabilities with the acquisition of Alpadis Trust (Labuan) Limited, now officially renamed Indah International Trust Limited.
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KUALA LUMPUR, Nov 27 (Bernama) -- The Malaysian Institute of Economic Research (MIER) expects the country’s gross domestic product (GDP) to expand at 4.0 per cent in 2026, supported by continued strength in the services, mining and manufacturing sectors.
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KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark.
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KUALA LUMPUR, Nov 26 (Bernama) -- UEM Edgenta Bhd posted a net loss of RM94.12 million for the third quarter (3Q) ended Sept 30, 2025, compared with a net profit of RM10.23 million a year earlier, due to significant one-off, non-cash impairments of goodwill, non-current assets, and long-outstanding receivables.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit snapped its three-day winning streak to close lower against the US dollar as well as other major and regional currencies on Wednesday, amid profit-taking by traders.
1m ago
KUALA LUMPUR, Nov 26 (Bernama) -- Johor expects to maintain its strong economic trajectory this year, with a gross domestic product (GDP) growth of 6.4 per cent -- matching last year’s performance -- while growth for 2026 is anticipated to range between 4.8 and 6.8 per cent.
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KUALA LUMPUR, Nov 26 (Bernama) -- AM Best’s benchmarking analysis of its rated Asia-Pacific (APAC) insurance companies shows that while mature markets continue to anchor rating strength and capital adequacy, emerging markets have maintained growth and profitability despite greater volatility, reinforcing the region’s overall structural resilience.