Ringgit Rises For 5th Day As US Tariff Uncertainty Weighs

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.   

Malaysia-Arm Deal To Drive Semiconductor Growth

KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened higher today, tracking the rally on Wall Street overnight as the United States (US) automotive makers get temporary tariff reprieve, but it retreated thereafter on selling pressure.

Ringgit Climbs 170 Pips Versus Greenback In Early Trade

KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said. 

Ringgit Surges Against US Dollar Amid Renewed Global Risk Appetite

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.

Ambank Finances RM1.06 Bln Acquisition Of Bahru Stainless From Spain’s Acerinox

KUALA LUMPUR, March 5 (Bernama) -- AmBank (M) Bhd has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain's Acerinox S.A. for RM1.06 billion.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Rubber Market Closes Lower In Line With Regional Downtrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 5 (Bernama) -- The local rubber market closed lower on Wednesday in tandem with a downtrend in the regional rubber futures market, a dealer said.

Bursa Malaysia Higher At Midday As Bargain Hunters Step In, CI Up 0.67 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.   

Bursa Malaysia Rebounds After Four-Day Losing Streak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.  

Ringgit Rises As US Dollar Falls On Tariff Concerns

KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.  

Gold Futures Surge At Close As Us Tariffs Strike Canada, Mexico And China

By Siti Radziah Hamzah

KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.