1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
1m ago
KUALA LUMPUR, Jan 26 (Bernama) -- Gold prices are set for an upward revision, with the forecast raised to US$5,600 per ounce by the end of 2026, up from the previous estimate of US$4,800, reflecting recent developments and stronger‑than‑anticipated persistence rather than a reassessment of the underlying narrative, said OCBC Group Research.
1m ago
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.
2m ago
LABUAN, Jan 20 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) today announced the appointment of two new authority (board) members and the reappointment of four existing members for a two-year term effective from Jan 15, 2026, to Jan 14, 2028.
2m ago
KUALA LUMPUR, Jan 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of The Japan Ship Owners’ Mutual Protection & Indemnity Association (Japan P&I), with a stable outlook.
2m ago
KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann.
2m ago
KUALA LUMPUR, Jan 16 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.
2m ago
By Zufazlin Baharuddin and K.Naveen Prabu
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight.
2m ago
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit ended lower against the US dollar on Wednesday as markets adopted a cautious stance ahead of key US economic data releases later tonight, an analyst said.
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KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$124.12 billion (US$1=RM4.04) as at Nov 30, 2025, while other foreign currency assets stood at US$266.2 million, according to Bank Negara Malaysia (BNM).
3m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.