10m ago
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade after reaching a nearly three-week high last Friday, buoyed by softer-than-expected US economic data released last week.
11m ago
KUALA LUMPUR, Feb 22 (Bernama) -- The ringgit is expected to move towards its immediate support level of RM4.36 against the US dollar in the coming week, driven by optimism surrounding a less aggressive tariff trade approach by Donald Trump’s administration.
11m ago
KUALA LUMPUR, Feb 21 (Bernama) -- The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has approved the Saudi riyal symbol, a historic move that will reinforce the Saudi currency's identity.
11m ago
KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s international reserves rose to US$117.7 billion as at Feb 14, 2025, from US$116.4 billion on Jan 31, 2025, according to Bank Negara Malaysia (BNM).
11m ago
From Nik Nurfaqih Nik Wil
MANAMA (Bahrain), Feb 20 (Bernama) -- Malaysia and Bahrain are committed to strengthening cooperation, including in emerging financial technologies such as cryptocurrency and sandbox platform, Prime Minister Datuk Seri Anwar Ibrahim said today.
11m ago
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.
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KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.
11m ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit slipped against the United States (US) dollar as investors flock to safe-haven assets with all eyes on the meeting between top diplomats from the US and Russia in Saudi Arabia to discuss the possibility of ending the war in Ukraine.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Japan’s The Dai-ichi Life Insurance Company Limited (DL), the wholly owned operating subsidiary of Dai-ichi Life Holdings Inc (DLH).
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.
11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.
11m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 17 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, pressured by weaker signals from regional futures markets amid ongoing concerns over increased United States (US) trade tariffs, said a dealer.