12d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.
12d ago
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75 per cent.
13d ago
KUALA LUMPUR, Jan 22 (Bernama) -- DXN Holdings Bhd (DXN) has entered into a memorandum of understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) to explore Brazil as a potential regional hub for its Latin American operations, involving potential investments of about US$50 million.
13d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed firmer against the US dollar on Thursday, supported by improved market sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR).
13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, as the market priced in expectations that Bank Negara Malaysia (BNM) would keep the overnight policy rate (OPR) unchanged at 2.75 per cent at its policy meeting later in the day, offsetting a firmer tone in the greenback.
14d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit closed higher against the US dollar as market sentiment improved amid concerns over the United States’ tariffs against the European Union (EU) and geopolitical risks, while pressures in the Japanese Government Bond (JGB) market eased.
14d ago
KUALA LUMPUR, Jan 21 (Bernama) -- Uni-Fuels Holdings Limited announced its wholly owned subsidiaries will offer European Union Allowances (EUAs) to help shipowners and operators comply with the European Union Emissions Trading System (EU ETS) as it applies to maritime transport.
14d ago
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit opened marginally firmer against the US dollar and other major currencies on Wednesday, supported by modest demand, as traders remained cautious and monitored ongoing economic developments.
15d ago
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit eased slightly against the US dollar at the close on Tuesday, as the market sentiment turned cautious amid rising tariff tension between the United States and the European Union.
15d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 20 (Bernama) -- Bursa Malaysia’s benchmark index ended lower on Tuesday, slipping below the key 1,700 level, as continued profit-taking and weak regional market performance, amid heightened geopolitical tensions, dampened investor risk appetite.
15d ago
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit extended its gains to open firmer on Tuesday, tracking a weaker US Dollar Index (DXY) as tensions between the United States and the European Union intensified following renewed remarks by the administration of US President Donald Trump over Greenland.
16d ago
KUALA LUMPUR, Jan 19 (Bernama) -- AirAsia X Bhd (AAX) has redesignated its chief executive officer (CEO) Benyamin Ismail to the position of general manager, effective today, as part of the consolidation of AirAsia Group’s aviation business under AAX.