Ringgit Jumps To 4.10 Against Greenback, Highest In Four And A Half Years

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.

Gold Futures End Higher After US Fed Rate Cut Decision

KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.

Bursa Malaysia Ends Higher On Fed Rate Cut, Bucks Regional Trend

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.

Rubber Market Closes Lower, Tracking Losses In Regional Futures And Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 11 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, in tandem with losses in crude oil prices and regional rubber futures markets, as ringgit strengthened against the US dollar, a dealer said.

FBM KLCI Higher At Midday As US Fed Rate Cut Boosts Sentiment

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia traded higher in the morning session, supported by improved sentiment following the US Federal Reserve’s rate cut and in line with overnight gains on Wall Street.

Bursa Malaysia Rises On Wall Street Rally, Fed Cut

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.

Fed Rate Cut Pushes Ringgit To Four-year Peak Vs Greenback

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).

Ringgit Edges Lower Against Greenback At Close Ahead Of US Interest Rate Decision

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.

Bursa Malaysia's Index Ends Lower, Broader Market Positive, Ahead Of Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.

AM Best Affirms ‘Good’ Credit Ratings For New Zealand’s Provident Insurance

KUALA LUMPUR, Dec 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) for New Zealand’s Provident Insurance Corporation Limited (PICL), with a stable outlook on these credit ratings (ratings).

Bursa Malaysia Slips At Midday Amid Subdued Regional Sentiment

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.

MBSB: VMY 2026 And AI To Boost Malaysia’s Economy, Markets

KUALA LUMPUR, Dec 10 (Bernama) -- MBSB Investment Bank Bhd expects Visit Malaysia Year 2026 (VMY 2026) to be a key driver of Malaysia’s economy and equities market next year, with related sectors poised to benefit.