LATEST NEWS   JKDM must improve capability and integrity to ensure country's position remains strong, achieve more encouraging revenue collection - PM Anwar | RM24 million worth of health products suspected of containing scheduled poisons seized in Penang today - Health Dept director | Ringgit hits fresh high of 3.9668 per US dollar after lunch break | Ringgit hits fresh high of 3.96 per US dollar after lunch break | Police have recorded statements from several military officers following circulation of information regarding strategic MAF appointments – Mohamed Khaled | 

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Ringgit Rises Against US Dollar For Third Consecutive Day

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.

Rubber Market Closes Lower, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, taking its cue from the mixed regional rubber futures market performance and weighed down by the stronger ringgit versus the US dollar, a dealer said.

OTC Markets Launches Overnight Trading Platform, Expanding Access For Global Investors

KUALA LUMPUR, Nov 21 (Bernama) -- OTC Markets Group Inc, an operator of regulated financial markets for over 12,000 United States (US) and global securities, has launched MOON ATS, a new overnight trading platform for National Market System (NMS) securities.

Value Of Malaysian Business Ventures In Vietnam Exceeds US$13 Bln -- PM Anwar

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian business ventures in Vietnam have exceeded US$13 billion (US$1=RM4.47) in value, according to Prime Minister Datuk Seri Anwar Ibrahim.

Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair

KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)

Malaysia's Stance On Global Issues Does Not Affect Trade Relations With USA

KUALA LUMPUR, Nov 21 (Bernama -- Malaysia’s stance on several international issues, including the conflict in Gaza and reforms within the United Nations, does not affect its strong trade relations with the United States (US), said Prime Minister Datuk Seri Anwar Ibrahim.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits. 

Three Construction Players Win Best Project Awards At MCIEA 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Three reputable construction players, namely MMC-Gamuda KVMRT Sdn Bhd, IJM Construction Sdn Bhd and Sunway Construction Group Bhd, have won the Best Project awards at the Malaysian Construction Industry Excellence Awards (MCIEA) 2024 recently.

Ringgit Opens Lower Against Greenback On Cautious Sentiment

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst. 

Gold Futures Ease On Subdued Demand

KUALA LUMPUR, Nov 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on subdued demand, tracking losses in the US COMEX gold market, an analyst said.

Ringgit Appreciates Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit continued to be well supported and sustained its upward momentum, gaining 0.12 per cent against the US dollar at the close on Wednesday on continued demand, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.