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Ringgit Rebounds Against US Dollar On Improved Risk Appetite

By Zufazlin Baharuddin

KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.

Rubber Market Reverses Gains, Tracks Regional Losses

By Siti Noor Afera Abu

KUALA LUMPUR, May 28 (Bernama) -- The Malaysian rubber market snapped previous gains to close lower, following losses in regional rubber futures markets.

Peak Reinsurance North America Assigned Credit Ratings By AM Best

KUALA LUMPUR, May 28 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” to Bermuda’s Peak Reinsurance North America Ltd (Peak Re NA), with a stable outlook for both credit ratings (ratings).

RHB Bank's 1Q Profit Rises To RM750.03 Mln

KUALA LUMPUR, May 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM750.03 million for the first quarter ended March 31, 2025 (1Q 2025) compared with RM730.17 million in the same period last year.

Perodua Demand Supports MBMR Outlook - Analysts

KUALA LUMPUR, May 28 (Bernama) -- MBM Resources Bhd (MBMR) is expected to chart steady earnings this year backed by resilient Perodua demand, despite a soft start to the first quarter (1Q) 2025.

IGB Posts Lower Net Profit Of RM89.07 Mln In 1Q

KUALA LUMPUR, May 27 (Bernama) -- IGB Bhd posted a lower net profit of RM89.07 million in the first quarter of its financial year ended Dec 31, 2025 (1Q 2025), compared to RM185.34 million in the same period a year ago.

Ringgit Eases Against Greenback On Profit-Taking After Recent Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, May 27 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as cautious traders took profit after recent gains amid continued uncertainty in the global economic outlook.

MGCC Hosts German Aerospace Delegation In Malaysia On May 26–30, 2025

KUALA LUMPUR, May 27 (Bernama) -- The Malaysian-German Chamber of Commerce and Industry (MGCC) is hosting a German aerospace and aviation delegation from May 26 to 30, 2025.

Ringgit Closes Higher Against Greenback Amid Sudden US Trade Policy Shifts, Fiscal Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued its upward momentum to close higher against the United States (US) dollar today as sudden shifts in US trade policies and growing concerns over the US fiscal policy pushed the US dollar index (DXY) lower.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.

AEC Blueprint Makes Significant Stride With Implementation Rate At A Commendable 97 Pct - Tengku Zafrul

KUALA LUMPUR, May 25 (Bernama) -- The ASEAN Economic Community (AEC) Blueprint 2025’s implementation rate stands at a commendable 97 per cent, comprising 75 per cent completed measures and 22 per cent currently in progress, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

Ringgit Set To Stay Firm With Upside Bias Against USD Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.