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Ringgit Appreciates To Strongest Level Since October 2024

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.

Rubber Market Ends Higher, Tracking Gains In Regional Futures And Oil Prices

KUALA LUMPUR, Nov 10 (Bernama) -- The Malaysian rubber market ended higher on Monday, supported by gains in regional rubber futures markets as well as crude oil prices as the pressure on the global automotive industry eased with China’s resumption of Nexperia chip exports, a dealer said.

Kunming Emerges As China’s Gateway City For Southeast Asian Travellers

KUALA LUMPUR, Nov 10 (Bernama) -- Kunming is rapidly cementing its position as China’s premier destination for inbound consumption, drawing a surge of visitors primarily from Southeast Asia and increasingly from South Asia, according to the Kunming Bureau of Commerce.

KL Peace Accord: Paving The Way For ASEAN Stability, Economic Reconnection -- Analyst

KUALA LUMPUR, Nov 10 (Bernama) -- The success of the KL Peace Accord between Cambodia and Thailand marked a significant step for regional security and economic reconnection in Southeast Asia.

Gold Futures Likely To Trade Slightly Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade slightly higher next week, supported by the stabilisation of gold around US$4,000 per troy ounce.

Rubber Market Expected To Trade Range-bound Next Week

By K. Naveen Prabu

KUALA LUMPUR, Nov 8 (Bernama) -- The rubber market is expected to trade within a narrow range next week as mixed global cues continue to shape sentiment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

KLCI Futures To Trade Range-bound Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week, anchored by resilient domestic fundamentals and expectations of a steady monetary policy stance by Bank Negara Malaysia.

Gold Futures Close Lower

KUALA LUMPUR, Nov 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday despite the positive momentum in the US COMEX gold market.

Rubber Market Closes Mixed On Weaker Regional Futures

By K. Naveen Prabu

KUALA LUMPUR, Nov 7 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by weaker advice in the regional rubber futures markets, said a dealer.

WorldFirst, OCBC To Support SME Cross-Border Trade In Southeast Asia

KUALA LUMPUR, Nov 7 (Bernama) -- Ant International’s WorldFirst, an all-in-one digital cross-border payment and treasury account service for global businesses, has announced a partnership with OCBC to accelerate digital trade in Southeast Asia.

Xsolla Expands Fintech Ecosystem With New Payment Tools

KUALA LUMPUR, Nov 7 (Bernama) -- Global video game commerce company, Xsolla has expanded its financial technology (fintech) ecosystem with a suite of proprietary payment methods ahead of the year-end holiday sales season.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.