Ringgit Eases Versus Greenback On Firm US Economic Data

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar on Friday as the greenback gained momentum following stronger United States (US) economic data.

Brazilian Legal Prodigy Raises US$35 Mln To Tackle Country’s Litigation Crisis With AI

KUALA LUMPUR, Sept 25 (Bernama) -- Brazil’s legal system is overwhelmed by volume, burdened by close to 80 million active lawsuits—a figure eight times higher than in the United States, especially in labour-related claims costing companies billions annually.

Kathmandu Riots Deal Blow To Nepal’s Insurance Sector

KUALA LUMPUR, Sept 25 (Bernama) -- Insured losses from the recent “Gen Z” protests in Kathmandu are mounting, posing a significant threat to Nepal’s already fragile non-life insurance market, according to a new AM Best commentary.

Sabah Floods: Banking Sector Commits To Financial Relief For Affected Customers

KUALA LUMPUR, Sept 19 (Bernama) – The banking industry has pledged wide-ranging financial relief and assistance to communities in Sabah affected by the recent floods.

CIMB Extends Payment Relief To Customers Affected By Sabah Floods

KUALA LUMPUR, Sept 19 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd have reiterated that the CIMB flood relief assistance plan remains available to support customers affected by the recent floods in Sabah.

AM Best Withdraws New Zealand's Foundation Life Ratings Following Policy Cancellations 

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.

Ringgit Breaches 4.20 Level Against Greenback Ahead Of Widely Expected US Interest Rate Cut

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.

Bursa Malaysia Rises After Pause, Fed Cut Eyed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia opened higher on Friday after pausing the previous day, tracking global gains as investors grew more confident that the United States (US) Federal Reserve (Fed) will cut rates next week.

Ringgit Opens Higher As Weak US Jobs Data Hits US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback retreated after weaker United States (US) jobs data raised expectations of interest rate cuts.

Bursa Malaysia Seen Trading Range-bound With Upside Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 6 (Bernama) -- Bursa Malaysia is expected to remain range-bound with a slight upward bias next week, as investors await new catalysts to determine the market’s direction.

ACCCIM Calls For Targeted Tax Measures In Budget 2026 To Boost SME Productivity, Innovation

KUALA LUMPUR, Sept 4 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has called for targeted tax measures in Budget 2026, including corporate income tax rebates for small and medium enterprises (SMEs) and a higher chargeable income threshold of RM1 million for the SME preferential 15 per cent rate.

Ringgit Ends Slightly Lower Against US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.