Luno, Halogen Capital, Kenanga Investors In Tie-up To Explore Ringgit-Pegged Stablecoin

KUALA LUMPUR, Sept 24 (Bernama) -- Luno Malaysia Sdn Bhd has formed a strategic collaboration with Halogen Capital Sdn Bhd and Kenanga Investors Bhd to explore the use of a fully reserved, ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds.

SLGC IPO Oversubscribed 3.1 Times Ahead Of ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- SLGC Bhd’s initial public offering (IPO) has been oversubscribed by 3.1 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities.

Ringgit Ends Higher Against Major Currencies, Eases Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit ended higher against major currencies on Thursday but weakened against the greenback as upbeat United States economic data reinforced expectations of further interest rate hikes by the US Federal Reserve (Fed).

Bursa Malaysia Opens Lower On Wall Street Weakness, Hawkish Fed Remarks

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.

Ringgit Opens Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened higher against major currencies but edged lower against the US dollar on Thursday, as stronger US economic data and expectations of further interest rate hikes by the US Federal Reserve (Fed) supported the greenback.

Gold Futures Close Lower Amid Firmer US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday as a firmer United States dollar continued to weigh on the precious metal. 

Ringgit Ends Higher Against Major Currencies, Weakens Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit ended higher against major currencies on Wednesday but weakened against the greenback as expectations of further interest rate hikes by the United States Federal Reserve (Fed) continued to support the US dollar.

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.

Gold Futures End Lower On Firmer US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday as a firmer United States dollar weighed on the precious metal.

Ringgit Closes Slightly Higher Against US Dollar Amid Cautious Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 22  (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Bursa Malaysia Stays Up On Bargain Hunting of Blue Chips

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.