Ringgit Closes Higher Amid US-EU Tariff Concerns, Easing Japanese Govt Bonds

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit closed higher against the US dollar as market sentiment improved amid concerns over the United States’ tariffs against the European Union (EU) and geopolitical risks, while pressures in the Japanese Government Bond (JGB) market eased.

AAX Redesignates Benyamin Ismail As General Manager, Appoints Tharumalingam As Group CEO

KUALA LUMPUR, Jan 19 (Bernama) -- AirAsia X Bhd (AAX) has redesignated its chief executive officer (CEO) Benyamin Ismail to the position of general manager, effective today, as part of the consolidation of AirAsia Group’s aviation business under AAX.

Foreign Funds Log Second Straight Week Of Net Inflows Of RM716.1 Mln

KUALA LUMPUR, Jan 19 (Bernama) -- Foreign investors extended their net buying streak for a second consecutive week, recording net inflows of RM716.1 million, the largest since mid-May 2025 at RM1.68 billion and about 16.8 times higher than the previous week.

Singapore SME Wins 2026 Zayed Sustainability Prize For Food Innovation

KUALA LUMPUR, Jan 15 (Bernama) -- Singapore-based small and medium enterprise (SME) N&E Innovations has been named the 2026 Zayed Sustainability Prize winner in the Food category, recognising its work in reducing food waste and improving food safety through circular innovation.

BMW Launches First Locally Assembled EV, Marking Major Milestone In Electrification Journey

KUALA LUMPUR, Jan 15 (Bernama) -- BMW Group Malaysia has begun sales of its first locally assembled fully electric vehicle (EV), the BMW i5 eDrive40 M Sport Pro (BMW i5), marking a major milestone in the company’s electrification journey as it targets continued growth in the premium segment.

Chereh Dam Project Could Help Malaysia Export Renewable Energy Expertise -- Citaglobal

ABU DHABI, Jan 14 (Bernama) -- The Chereh Dam floating solar project in Pahang could help Malaysia develop renewable energy (RE) expertise that can be exported to other markets, Citaglobal Berhad executive chairman and president Tan Sri Mohamad Norza Zakaria said.

Foreign Investors Offload US$1.05 Bln In Asian Equities Last Week

KUALA LUMPUR, Jan 5 (Bernama) -- Foreign investors were net sellers of Asian equities for the week ended Jan 2, 2025, offloading US$1.05 billion (US$1=RM4.06) across the eight markets tracked by MBSB Investment Bank Bhd (MBSB IB).

Ringgit Ends Firmer Vs US Dollar, Major Currencies 

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit ended slightly higher against the US dollar and other major currencies on Tuesday, driven by improved buying interest.

Ringgit Ends Slightly Lower Vs Greenback On Fed Rate Outlook Caution

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 29 (Bernama) -- The ringgit ended marginally lower against the US dollar and other major currencies on Monday as traders and investors remained cautious ahead of the United States Federal Reserve (US Fed) interest rate outlook for next year.

Local Institutions Extend Buying Streak For Sixth Week

KUALA LUMPUR, Dec 29 (Bernama) -- Local institutions extended their buying streak for the sixth consecutive week, with net inflows of RM639.5 million, while local retailers recorded a fourth consecutive week of net outflows of RM90.2 million.

Ringgit Opens Higher For 12th Consecutive Session

KUALA LUMPUR, Dec 29 (Bernama) -- The ringgit continued its upward momentum on Monday, opening higher for the 12th consecutive session ahead of a holiday-shortened trading week leading into the New Year.

HYCU, VSTECS Partner To Expand Data Protection In Southeast Asia

KUALA LUMPUR, Dec 22 (Bernama) -- HYCU Inc, a provider of modern data protection solutions, has entered into a distribution partnership with VSTECS, one of Asia-Pacific’s leading information and communications technology (ICT) distributors.