4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit ended the week on an upbeat note ahead of a widely expected interest rate cut by the United States next week.
5m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
5m ago
KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).
5m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
5m ago
By Zufazlin Baharuddin and Abdul Hamid A Rahman
KUALA LUMPUR, Aug 15 (Bernama) – Malaysia’s economy continues to remain resilient despite an increasingly uncertain global trade policy backdrop, economists said today.
5m ago
KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit strengthened by 5.1 per cent against the United States (US) dollar in the second quarter of 2025 (2Q 2025), primarily driven by broad US dollar weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024.
6m ago
KUALA LUMPUR, July 29 (Bernama) -- The Employees Provident Fund (EPF) saw its investment income fall by 13 per cent in the first quarter of 2025 (1Q 2025), recording RM18.31 billion compared to RM20.99 billion in the same period last year.
6m ago
KUALA LUMPUR, July 29 (Bernama) -- DXN Holdings Bhd’s net profit fell by 13.6 per cent to RM73.91 million in the first quarter ended May 31, 2025 (1Q FY2026) from RM85.56 million in the same period last year due to foreign exchange (forex) losses stemming from the strengthening of the ringgit.
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 28 (Bernama) – The revised projection for Malaysia’s GDP growth in 2025 by Bank Negara Malaysia (BNM) is a realistic forecast that aligns with the economy’s underlying growth potential, said economist Professor Geoffrey Williams.
6m ago
KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.
6m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.