5d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.
5d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
5d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.
6d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.
6d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
6d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.
6d ago
KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.
6d ago
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened higher against the US dollar for the eighth consecutive trading day today, reflecting continued positive momentum in the local currency at the start of trading.
7d ago
KUALA LUMPUR, Oct 27 (Bernama) -- Hong Leong Bank Bhd’s (HLB) customers can now make QR payments at more than 120 million UnionPay and Weixin Pay merchant touchpoints across China through the HLB Connect application, following a strategic partnership with UnionPay International (UPI).
7d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this week, an analyst said.
7d ago
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.
8d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.