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Ringgit Eases Against US Dollar Amid Rising West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, June 22 (Bernama) -- The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.

Bursa Malaysia Ends On Softer Note Amid Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said.

Sime Darby Property's New Economy Venture Launches RM2.6 Bln Sukuk Programme

KUALA LUMPUR, June 22 (Bernama) -- Sime Darby Property Bhd’s second real estate development fund, New Economy Venture (NEV), has launched a sukuk wakalah programme of up to RM2.6 billion in nominal value via its subsidiary, Sime Darby Property NEV (Holdings) Sdn Bhd

Ajinomoto Malaysia's Parent Company Offers RM20 Per Share In Privatisation Bid

KUALA LUMPUR, June 22 (Bernama) -- Ajinomoto (Malaysia) Bhd’s (AMB) parent company Ajinomoto Co Inc (Ajico) has proposed to privatise the food seasoning manufacturer via a selective capital reduction and repayment (SCR) exercise at RM20 per share.

Alliance Bank Launches RM2 Million BizSmart Challenge Accelerator Edition 2026

KUALA LUMPUR, June 22 (Bernama) -- Alliance Bank Malaysia Bhd has launched the BizSmart® Challenge Accelerator Edition 2026, offering prizes worth up to RM2 million to accelerate the next group of high-potential small and medium enterprises (SMEs) and startups in the country.

RM319.8 Mln Net Inflows From Technology, Industrial, Financial Sectors - MBSB IB

KUALA LUMPUR, June 22 (Bernama) -- Technology, industrial products and services, as well as financial services sectors, have attracted a combined net inflow of RM319.8 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Malaysia Well-positioned To Lead In Energy Transition Financing - TNB Chief New Energy Officer

KUALA LUMPUR, June 21 (Bernama) -- Overwhelming response to two Islamic bond issuances by Tenaga Nasional Bhd (TNB) totalling RM2.5 billion for energy transition projects shows that Malaysia is well-positioned to lead in energy transition financing within the region.

Bursa Malaysia Seen Trading Range-bound Next Week Amid Geopolitical Uncertainties

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.

Ringgit Expected To Stay Softer Vs US Dollar Next Week

KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.

TWL Holdings Unit Buys 45 Pct Stake In Fairise Odyssey

KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.

Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.