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Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal

By K. Naveen Prabu

KUALA LUMPUR, June 15  (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.

Fee For Interbank ATM Cash Withdrawals To Be Waived From July 1, 2026

KUALA LUMPUR, June 15 (Bernama) -- Customers of all banks in Malaysia can withdraw cash at any bank’s automated teller machine (ATM) or smart recycler machine (SRM) without paying the RM1 fee starting July 1, 2026.

Malaysian Banks’ Profitability Eases In 1Q 2026 -- RAM Ratings

KUALA LUMPUR, June 15 (Bernama) -- Malaysian banks’ first quarter 2026 (1Q 2026) financial performance softened slightly, weighed down by higher provisions even as loan growth gathered pace, said RAM Rating Services Bhd.

Pentech Eyes 40 Pct Recurring Revenue Contribution In Three Years

KUALA LUMPUR, June 15 (Bernama) -- Penang-based information and communication technology (ICT) solutions provider Pentech Holdings Bhd aims to achieve 40 per cent recurring revenue and 60 per cent from its non-recurring segment over the next three years.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.

Inflation Expected To Remain Between 1.5 And 2.5 Pct This Year - Akmal Nasrullah

PUTRAJAYA, June 15 (Bernama) -- The Economy Ministry expects Malaysia's inflation rate to remain under control at between 1.5 and 2.5 per cent throughout this year despite pressure from the energy supply crisis and global geopolitical uncertainties.

Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB

KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Gains At Opening On Renewed Buying In Technology Stocks

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.

Short-term Rates Set To Remain Stable Next Week On BNM Operations

KUALA LUMPUR, June 13 (Bernama) -- Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) continued operations to absorb excess liquidity from the financial system.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.