Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.

UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.

Amazon Signs Deal With Meta To Deploy AWS Graviton For AI

KUALA LUMPUR, April 28 (Bernama) -- Amazon has signed an agreement with Meta to deploy Amazon Web Services (AWS) Graviton processors at scale, marking a significant expansion of their long-standing partnership as Meta builds its next generation of artificial intelligence (AI).

Bursa Malaysia Opens Higher On Sustained Appetite For Technology, Utilities Counters

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.

Ringgit Mostly Higher Against Major, Asian Currencies

KUALA LUMPUR, April 28 (Bernama) -- The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.

Late Selling Drags Bursa Malaysia Lower Amid Rotation Into Mid-, Small-Cap Stocks

By Harizah Hanim Mohamed

KUALA LUMPUR, April 27 (Bernama)  -- Last-minute selling dragged Bursa Malaysia into negative territory at closing, reversing gains after trading in positive territory throughout the day, as investors shifted to rotational play into mid- and small-cap segments, favouring domestically driven and higher-beta names with clearer earnings visibility.

Chery’s iCAUR Targets Europe With Urban Outdoor Vehicles

KUALA LUMPUR, April 27 (Bernama) -- Chery Group announced its vehicle brand iCAUR is preparing to launch in Europe as it promotes its Urban Outdoor mobility concept ahead of its 2026 International Business Summit.

Bursa Malaysia Opens Higher On Renewed Interest In Semiconductor-related Counters

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia opened higher on Monday amid renewed interest as Malaysia is seen benefitting from increased data centre investments due to its reputation as a strategically secure hub, following stronger-than-expected earnings from US chip giant Intel Corp.

Ringgit Edges Higher Against US Dollar Amid Subdued Market Sentiment

KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.

Bursa Malaysia Likely To Trade Sideways Between 1,700 And 1,730 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia’s key index is likely to move sideways within the 1,700–1,730 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Seen Trading Within RM3.94-RM3.96 Range Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, April 25 (Bernama) -- The ringgit is expected to trade in a tight band next week,  hovering between RM3.94 and RM3.96 as investors await further economic data from the United States, according to an economist.