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Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Ringgit Rises Against US Dollar In Early Trade On Higher Inflation Print In The US

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid a higher-than-expected inflation print in the United States. 

AirAsia Drives KLIA To Top Global LCC Megahub Status, Announces New Routes

KUALA LUMPUR, Oct 10 (Bernama) -- AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.

Ringgit Retreats Against US Dollar Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit retreated to close lower against the US dollar today as traders awaited key United States (US) inflation data that may influence the pace of Federal Reserve (Fed) interest rate cuts.  

Ringgit Opens Lower As US Signals Gradual Approach To Cutting Interest Rates

KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.

Ringgit Marginally Higher Vs US Dollar At The Close

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday, ahead of the release of the minutes of the US Federal Reserve’s (Fed) September meeting later tonight, which will offer more clarity on its interest rate-cutting trajectory.

Malaysia Poised For Developed, High-income Nation Status - Ahmad Zahid

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is on track to achieve the status of a developed and high-income country, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Ringgit Opens Slightly Higher As Investors Focus On US Rate Cut Pace

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.

ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

PIAM Appoints Chua Kim Soon As CEO Effective Oct 7

KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.

Ringgit Down Amid Rising US Yields, Uncertainty Over Rate Cuts

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 8 (Bernama) --The ringgit closed slightly lower against the US dollar, as the sharp increase in US Treasury yields stoked caution among traders and markets regarding the likelihood of future US rate cuts.

Singapore Retains Top Spot For Financial Inclusion Globally - Research

KUALA LUMPUR, Oct 8 (Bernama) -- Singapore is once again the world’s most financially inclusive market for the third year in a row, among 41 markets analysed, as measured by Principal Financial Group's third edition of the Global Financial Inclusion Index.