Ringgit Opens Lower Vs Greenback Amid Higher Oil Prices, Fed Rate Hike Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened lower against the US dollar on Wednesday amid higher Brent crude oil prices, which heightened inflation concerns, boosting expectations of a US Federal Reserve (Fed) rate hike, said an analyst.

IILM’s US$1.353 Bln Short-Term Sukuk Oversubscribed By 2.43 Times 

KUALA LUMPUR, Sept 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the reissuance of US$1.353 billion (US$1=RM4.03) in short-term sukuk, attracting strong and diversified demand from investors across its network of Islamic financial institutions.

CPO Futures End Higher, Tracking Stronger Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by stronger Chicago Board of Trade (CBOT) soybean oil prices. 

Thailand's SNPS Eyes Malaysian Partners To Leverage Halal Certification For Middle East Markets

From Engku Shariful Azni Engku Ab Latif

BANGKOK, Sept 1 (Bernama) -- Thailand-based natural ingredients manufacturer, Specialty Natural Products Public Company Ltd (SNPS), is open to co-developing products with Malaysian partners to leverage Malaysia’s halal certification as a strategic launchpad into Middle Eastern markets.

Gold Futures End Lower As Eyes On US Rate Decision

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the US Commodity Exchange (COMEX), amid rising expectations of a US interest rate hike following US Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium

Hope For Budget 2027 To Further Strengthen Agri-Commodities Sector – Noraini

SERDANG, Sept 1 (Bernama) -- The Plantation and Commodities Ministry (KPK) hopes Budget 2027 will continue to focus on strengthening the agribased-commodities sector, particularly by increasing smallholders’ incomes and raising the industry’s competitiveness.

Ringgit Ends Lower After US Fed Hints At Rate Hike

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 1 (Bernama) --The ringgit ended lower against the greenback on the first trading day of September on rising expectations of a US interest rate hike after Federal Reserve (Fed) Chair Kevin Warsh’s recent speech at the Jackson Hole Symposium.

Bursa Malaysia Seeks Feedback On Phase 2 Of Deposited Securities Dematerialisation

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia Bhd today issued a consultation paper to seek feedback on proposed amendments to facilitate Phase 2 of the dematerialisation of securities deposited with Bursa Malaysia Depository Sdn Bhd. 

MSME Policy Should Focus On Coordinated, Outcome-Oriented Support -- MIER

KUALA LUMPUR, Sept 1 (Bernama) -- Malaysia’s micro, small and medium enterprise (MSME) policy should move beyond expanding the quantum of assistance towards building a more coordinated, accessible and outcome-oriented ecosystem, according to the Malaysian Institute of Economic Research (MIER).

Bursa Malaysia Ends Lower Amid Weaker Global Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based selling, as weaker global sentiment weighed on investor risk appetite.

Rubber Market Ends Slightly Higher On Steady Oil Prices, Weaker Ringgit

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 1 (Bernama) -- The rubber market ended slightly higher today, supported by steady crude oil prices and a weaker ringgit against the US dollar, a dealer said.

AmanahRaya Appoints Mohd Iskandar Dzulkarnain As Group Managing Director

KUALA LUMPUR, Sept 1 (Bernama) -- Amanah Raya Bhd has appointed Datuk Mohd Iskandar Dzulkarnain Ramli as its group managing director, effective today.