CPO Futures Extend Gains For Fifth Day On Firmer Soybean Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, May 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives climbed for the fifth consecutive session today, driven by stronger soybean oil prices.

Ringgit Retreats To Close Lower As US Tariff Court Ruling Boosts Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, May 29 (Bernama) -- The ringgit retreated to close lower against the greenback on Thursday as the American dollar rallied after a US trade court blocked most of US President Donald Trump’s tariffs on imports into the country.

Axiata’s Shares Jump On Strong 1Q Net Profit, HLIB Upgrades To ‘Buy’

KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).

Ringgit Slips Against US Dollar As Fed Seen Delaying Rate Cuts

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as expectations dimmed for a near-term rate cut by the US Federal Reserve (Fed), an analyst said.

Ringgit Rebounds Against US Dollar On Improved Risk Appetite

By Zufazlin Baharuddin

KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.

Rubber Market Reverses Gains, Tracks Regional Losses

By Siti Noor Afera Abu

KUALA LUMPUR, May 28 (Bernama) -- The Malaysian rubber market snapped previous gains to close lower, following losses in regional rubber futures markets.

Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

Ringgit Edges Down On Improving US Data

KUALA LUMPUR, May 28 (Bernama) -- The ringgit marginally depreciated against the US dollar on Wednesday, weighed down by a firmer greenback following an improvement in United States consumer confidence and persistent concerns over global tariff developments.

Ringgit Eases Against Greenback On Profit-Taking After Recent Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, May 27 (Bernama) -- The ringgit ended lower against the US dollar on Tuesday as cautious traders took profit after recent gains amid continued uncertainty in the global economic outlook.

TNB Delivers Operational Excellence While Strengthening Its Impact On Communities

KUALA LUMPUR, May 27 (Bernama) -- As Malaysia advances its ambition to become a regional digital hub, Tenaga Nasional Bhd (TNB) continues to power critical infrastructure for the sector.

Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

Ringgit Closes Higher Against Greenback Amid Sudden US Trade Policy Shifts, Fiscal Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued its upward momentum to close higher against the United States (US) dollar today as sudden shifts in US trade policies and growing concerns over the US fiscal policy pushed the US dollar index (DXY) lower.