| LATEST NEWS | Tengku Zafrul today announced his resignation from UMNO | Two-year prison sentence for former Goldman Sachs banker Tim Leissner over his role in 1MDB scandal is too lenient - Johari | Capital A Bhd returns to black with a higher net profit of RM689.5 mln in the first quarter ended March 31, 2025 | Application results for IPTA, MARA Higher Education Dept to be announced on June 16 - MOHE | |
By Zufazlin Baharuddin
KUALA LUMPUR, May 30 (Bernama) -- The ringgit closed lower against the US dollar on Friday amid renewed market uncertainty after a US federal appeals court granted the White House’s request to temporarily pause a lower-court ruling which struck down President Donald Trump’s tariffs on imports.
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's headline inflation remained unchanged at 1.4 per cent in April 2025, while core inflation edged up to two per cent from 1.9 per cent in March 2025, according to Bank Negara Malaysia (BNM).
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.
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.
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.
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).
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.
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.
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.
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.
