Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

Growing Climate Risks And Greenwashing Fears Threaten Bank Creditworthiness

KUALA LUMPUR, Sept 13 (Bernama) -- As climate-related risks become a growing concern for financial institutions, banks are increasingly exposed to vulnerabilities across various regions and sectors.

No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul

KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.