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Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.

Ringgit Rises Vs Greenback As Fed Signals Sept Rate Cut

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.

Ringgit Set To March Stronger Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 23 (Bernama) -- The ringgit is poised to march stronger next week after the United States (US) Federal Reserve chair Jerome Powell hinted at a potential interest rate cut in September.

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.

Khazanah Welcomes PAC Recommendations, Reaffirms Commitment To Nation-Building Through Venture Capital

KUALA LUMPUR, Aug 22 (Bernama) — Khazanah Nasional Bhd has welcomed the findings and recommendations of the Public Accounts Committee (PAC) on its (Khazanah) past investment in FashionValet and the broader approach to domestic venture capital (VC) investments, as part of its overall mandate and mission in advancing Malaysia.

Selangor Export Day: MATRADE, State Gov't Strengthen Collaboration, Boost Local Exports

KUALA LUMPUR, Aug 22 (Bernama) -- The third edition of the Selangor Export Day on Monday (Aug 25) and Tuesday (Aug 26) is expected to bring together over 200 entrepreneurs and companies, especially micro, small and medium enterprises (MSMEs), from various industrial sectors in the state.

MBSB, DayOne Form Strategic Collaboration To Drive Johor's Digital Economy

JOHOR BAHRU, Aug 22 (Bernama) -- MBSB Bhd (MBSB) and DayOne Data Centers have formed a strategic collaboration to accelerate Johor’s digital infrastructure and economic transformation in line with the Maju Johor 2030 agenda.

Ringgit Slightly Lower Vs US Dollar Ahead Of Jackson Hole Symposium

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit ended the week higher against regional currencies, but eased against the US dollar ahead of the Jackson Hole Economic Policy Symposium later tonight as traders await signals on the United States’ (US) monetary policy.

Ringgit Ends Higher Versus US Dollar, Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit closed higher against the US dollar and its regional peers amidst cautious sentiments, after the United States Federal Open Market Committee (FOMC) meeting minutes revealed that almost all participants supported keeping the interest rate unchanged.

Ringgit Opens Higher Across Major, Regional Currencies

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher on Thursday as the US dollar weakened following the release of the Federal Open Market Committee (FOMC) minutes, an analyst said.

Gold Futures End Lower On Stronger US Dollar, Easing Geopolitical Risks

KUALA LUMPUR, Aug 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, weighed down by a stronger US dollar and improved risk appetite, as recent geopolitical tensions began to ease.

Ringgit Rises Against Major Currencies, Eases Vs US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit appreciated against most major currencies but eased slightly against the greenback at the close on Wednesday amid cautious market sentiments ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.