ESG-Ready Malaysian Businesses Better Positioned To Penetrate EU Market, Says GRI

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 17 (Bernama) -- Malaysian companies equipped with strong environmental, social and governance (ESG) practices and reporting standards will likely have a distinct competitive advantage and access to business opportunities in the European Union (EU) and other international markets, a sustainability reporting expert said today.

Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.

Airbus Confirms Cancellation Of Airasia X Order For 15 A330-900 Aircraft

By Kisho Kumari Sucedaram

KUALA LUMPUR, June 17 (Bernama) -- Airbus has confirmed that AirAsia X's order for 15 Airbus A330-900 aircraft has been cancelled by mutual agreement between the two parties.

Banks Must Build Specialised SME Lending Capabilities – EBRD

By Siti Radziah Hamzah

TASHKENT, June 16 (Bernama) --  Developing deeper capital markets and expanding financing access for underserved segments remain among the key challenges facing emerging Southeast Asian economies, according to the European Bank for Reconstruction and Development (EBRD).

Ringgit Closes Lower Against Greenback On BOJ Interest Rate Increase

By K. Naveen Prabu

KUALA LUMPUR, June 16 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday as investors remained cautious following the Bank of Japan's (BOJ) decision to raise interest rates. 

Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.

Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal

By K. Naveen Prabu

KUALA LUMPUR, June 15  (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.

Improved Market Sentiment Lifts Ringgit At Opening

KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.

CPO Futures Set To Trade In RM4,200-RM4,300 Range Next Week -- Interband

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the range of RM4,200-RM4,300 per tonne next week.

Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting

KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.

Ringgit Extends Gains, Closes Higher Versus US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.

Horizon Quantum To Locate Second Quantum Computer In Dublin

KUALA LUMPUR, June 12 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, announced plans to locate its second quantum computer in Dublin, Ireland.