Stronger Fiscal Discipline Key To Attracting Higher-Value Investment -- Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Slips At Open, Gainers Outpace Losers

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.

Ringgit Opens Higher Against US Dollar, Most Major Currencies

KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.

CPO Futures End Higher On Firmer Crude Oil, Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, June 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by firmer crude oil and soybean oil prices, a trader said.

Ringgit Ends Lower Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.

BIMB Investment Launches Shariah-Compliant Fund Targeting Small-Cap Stocks

KUALA LUMPUR, June 8 (Bernama) -- BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.

South, Southeast Asia Credit Strength Set To Remain Stable Over Next 12-18 Months Despite Strong Greenback

KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.

Ringgit Higher Against Most Major Currencies, Easier Vs US Dollar

KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

Ringgit Expected To Trade Between RM4.02 And RM4.04 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.

Ringgit Weighed Down By Rising Fuel Prices, Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.

Ringgit Weakens Against US Dollar, Gains Against Major Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.