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EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Ringgit Eases Versus US Dollar, Ends Higher Against Other Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit ended lower against the US dollar although it strengthened versus other major currencies on Tuesday, as the greenback remained supported by stronger-than-expected US manufacturing data.

2PointZero Reports Strong First Half Revenue, Net Profit

KUALA LUMPUR, Aug 4 (Bernama) -- Abu Dhabi-based investment holding firm, 2PointZero Group has reported revenue of 21.9 billion Emirati dirham and a group net profit of 7.7 billion Emirati dirham for the first half of 2026. (100 Emirati dirham = RM111.58)

Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Admi Shahrul Thrives On The Adrenaline Rush As Porsche’s Elite Sportscar Instructor

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 2 (Bernama) -- Racing a sports car can deliver an adrenaline rush, but for Admi Shahrul Ahmad Saffian, helping others master these high-performance vehicles gives him a sense of excitement and a passion that has become even more rewarding.

Ringgit Expected To Trade Between 4.07 And 4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.

Ringgit Ends Week Marginally Higher Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 31 (Bernama) -- The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.

Rubber Market Ends Mixed On Positive Global Data, Lower Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 31 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, supported by positive global economic data, a dealer said.

Asian LNG Prices May Decline If Peace Talks Progress - Rystad Energy

KUALA LUMPUR, July 31 (Bernama) -- Asian liquefied natural gas (LNG) prices are expected to decline further for the remainder of the year if peace talks between the United States (US) and Iran progress, according to Rystad Energy. 

Riyadh Air Sees Strong Demand For Kuala Lumpur Route, Eyes Daily Flights

SEPANG, July 31 (Bernama) -- Riyadh Air has identified Kuala Lumpur as its first Southeast Asian destination on the back of strong travel demand between Malaysia and Saudi Arabia, with plans to increase its current three-times-weekly service to daily flights, its chief commercial officer Vincent Coste said.