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Ringgit Rises Against Major Currencies, Eases Vs US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit appreciated against most major currencies but eased slightly against the greenback at the close on Wednesday amid cautious market sentiments ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.

Bursa Malaysia Opens Slightly Lower

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened slightly lower today due to mild profit taking in selected heavyweights after recent gains, amid weaker sentiments on the global economic outlook, a dealer said.

​​​​Ringgit Opens Marginally Firmer Vs US Dollar

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened firmer against the greenback on Monday amid cautious sentiment over the trajectory of the United States (US) interest rates, said an analyst.

B. Grimm Urges Faster ASEAN Energy Integration To Harness Laos' Hydro And Malaysia's Solar Capacities

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 17 (Bernama) – The groundwork for ASEAN energy integration has long been laid, but sharper focus and faster action are needed to propel renewable energy to the next level by harnessing each member’s strengths, said B. Grimm Power Public Company Ltd.

Ringgit Retreats After Three Days Of Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.

Ringgit Opens Flat On Caution After Recent Gains

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

Bursa Malaysia Likely To Retain Uptrend Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 9 (Bernama) -- Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst.

Tengku Zafrul Urges Companies To Be Indispensable, Competitive Globally To Withstand Tariffs

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has called on Malaysian firms, including small and medium enterprises (SME), to become indispensable and competitive globally to withstand tariffs and other trade barriers.

Menos AI Unveils AI-Powered Research Tools For Hedge Funds, Institutional Investors

KUALA LUMPUR, Aug 7 (Bernama) -- Menos AI, an artificial intelligence (AI)-native fintech company, has officially launched its flagship product, Sonαr—an intelligent research agent designed to help hedge funds and institutional investors uncover timely, differentiated investment ideas.

Malaysia’s Semiconductor Exports still Exempted From Reciprocal Tariffs -- Miti

KUALA LUMPUR, August 7 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) reiterated that Malaysia’s semiconductor exports to the United States (US) are currently still exempted from reciprocal tariffs.

Govt To Announce New Programme To Replace NEM 3.0

KUALA LUMPUR, Aug 6 (Bernama) -- The government is currently reviewing the Net Energy Metering (NEM) programme and is expected to announce a new scheme this month, in line with the revised electricity tariff structure to ensure a more equitable distribution of energy subsidies.