LATEST NEWS   Najib's conditional pardon: Ahmad Zahid describes house arrest as a meaningful development, calls on UMNO members to respect established process. | Malaysia proposes ASEAN Halal Council launch in Malaysia in Sept 2027, in conjuction with National Halal Month - DPM Ahmad Zahid | ASEAN Halal Council: Malaysia offers to serve as secretariat, Indonesia as inaugural chair - DPM Ahmad Zahid | There is no discussion of a government bailout for AirAsia — Tony Fernades | King has granted a conditional pardon to Najib, allowing him to serve the remainder of his sentence under house arrest until Aug 23, 2028, subject to him paying a RM50 million fine - BHEUU | 

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CPO Futures Rebound Amid Firmer Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in crude oil prices amid escalating tensions in West Asia.

Ringgit Edges Higher Against US Dollar As Investors Await FOMC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, July 29 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee’s (FOMC) meeting.

Rubber Market Ends Lower On Improving Raw Material Supply In Thailand

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday as improving raw material supply in Thailand weighed on market sentiment, a dealer said.

Ringgit Opens Higher Vs Greenback On Improved Local Sentiment

KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour’s positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, July 28 (Bernama) -- The ringgit closed higher against most major currencies but eased against the greenback on Tuesday amid cautious investor sentiment ahead of the US Federal Reserve’s (Fed) interest rate decision later this week.

Chery Auto Surpasses 20 Million Global Sales

KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.

Bursa Malaysia Stays Lower At Midday With Regional Tech Stock Sell-Off

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.

Ringgit Expected To Trade Within 3.90-4.20 Against US Dollar Through 2H 2026

KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.

Ringgit Opens Higher Against Major Currencies, Eases Against US Dollar

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened higher against most major currencies on Tuesday but eased against the US dollar, weighed down by market sentiment amid lingering uncertainty over US-Iran negotiations.

Ringgit Higher Against Major Currencies Ahead Of Fed Meeting

By Abdul Hamid A Rahman

KUALA LUMPUR, July 27 (Bernama) -- The ringgit closed higher against the greenback and other major currencies on Monday, ahead of the US Federal Reserve (Fed) meeting on Tuesday and Wednesday to decide on interest rates.

US Tariff Measures Pose Trade, Geopolitical Risks Despite Limited Near-Term Impact -- OCBC

KUALA LUMPUR, July 27 (Bernama) -- The new Section 301 tariffs are expected to have a largely muted impact on exports to the United States (US) in the near term, given extensive product exemptions and relatively lower effective tariff rates than originally anticipated, although geopolitical risks remain significant.

Bank Indonesia Governor Perry Warjiyo Resigns, Destry Damayanti Assumes Acting Role

JAKARTA, July 27 (Bernama) -- Bank Indonesia (BI) Governor Perry Warjiyo has tendered his resignation, with Senior Deputy Governor Destry Damayanti to automatically assume the post of acting governor in accordance with the Bank Indonesia Law.