Ringgit Opens Higher As Tomorrow's FOMC Meeting Pressures Greenback 

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.

Ringgit Extends Gains To Close Higher As Us Rate Cut Expectations Stay Elevated

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.

Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.  

AM Best Affirms Excellent Ratings For Bermuda’s NEWGT Reinsurance

KUALA LUMPUR, Dec 5 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermuda’s NEWGT Reinsurance Company Ltd (NEWGT).

DayOne Secures Up To 1 Bln Euros Financing For Global Expansion

KUALA LUMPUR, Dec 5 (Bernama) -- DayOne Data Centers, a Singapore-headquartered data centre developer and operator, has secured a mezzanine financing facility of 500 million euros, expandable up to one billion euros upon mutual agreement. (1 Euro = RM4.78)

Ringgit Opens Stronger At RM4.10 Vs Greenback

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.

Ringgit Surges To 4.11 Against Greenback, Highest In Four Years And Five Months

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.

Rubber Market Ends Lower Tracking Regional Markets, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.

OTC Markets, Moomoo Enable 24-Hour Retail Trading

KUALA LUMPUR, Dec 4 (Bernama) -- OTC Markets Group Inc and Moomoo, a global investment and trading platform, announced a major achievement in retail investing as Moomoo officially connects to OTC Markets’ MOON ATS, delivering seamless, around-the-clock market access for investors worldwide.

PSP Energy To Expand Marine Fuel Business With New Melaka Bunkering Hub

KUALA LUMPUR, Dec 4 (Bernama) -- PSP Energy Bhd is set to expand its marine fuel business with the development of a bunkering hub at Tanjung Bruas Port, Melaka.

Bursa Malaysia Opens Slightly Higher On Wall Street Recovery

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened slightly higher today on bargain hunting, tracking Wall Street’s overnight rebound amid rising expectations of US monetary easing next week.

Ringgit Extends Gains, Opens At 4.11 Against US Dollar

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.