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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.
KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened higher on Friday despite a muted Wall Street performance overnight.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 22 (Bernama) -- The ringgit ended lower against the US dollar today due to a stronger US Dollar Index (DXY) after the Moody’s Ratings downgrade.
KUALA LUMPUR, May 22 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Mac World Food Industries LLC, a subsidiary of Mac World Group, to support its expansion into the Gulf Cooperation Council (GCC) market.
KUALA LUMPUR, May 22 (Bernama) -- Share prices of Public Bank Bhd declined by 2.48 per cent despite recording strong financial performance in the first quarter ended March 31, 2025 (1Q 2025).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.
KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.
KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.
KUALA LUMPUR, May 21 (Bernama) -- Export-Import Bank of Malaysia Bhd (EXIM Bank) has forged strategic partnerships with the National Aerospace Industry Corporation Malaysia (NAICO) and PWN Excellence Sdn Bhd (PWNE).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 20 (Bernama) -- The ringgit retreated against the greenback on Tuesday despite the weaker US dollar index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.
KUALA LUMPUR, May 20 (Bernama) -- Shares of Johor Plantations Group Bhd (JPG) rose in the early trade after recording higher first quarter financial performance ended March 31, 2025 (1Q 2025).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker US Dollar Index (DXY) which fell 0.71 per cent to 100.376 following a downgrade of the United States government's sovereign credit rating.
