Ringgit Closes Higher Against Major Currencies On Strong Economic Data

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit closed higher against a basket of major currencies on Monday, supported by Malaysia’s latest economic data, although it slipped versus the US dollar.

Gold Futures End Lower Amid COMEX Gains

KUALA LUMPUR, Oct 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday despite gains on the US Commodity Exchange (COMEX).

Toyo Ventures Shareholders Propose To Take Company Private

KUALA LUMPUR, Oct 19 (Bernama) -- Toyo Ventures Holdings Bhd (TVHB) substantial shareholders Eng Lian (L) Inc and Bukit Asa Sdn Bhd (Bukit Asa) have proposed a selective capital reduction and repayment (SCR) exercise to privatise the company.

KLCI Futures End Lower

KUALA LUMPUR, Oct 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Monday, tracking the cash market performance. 

Bursa Malaysia's Key Index Ends Below 1,600 Support Level, Banking Stocks Weigh

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index extended its decline to close below the 1,600 support level as persistent foreign selling weighed on banking heavyweights, said an analyst.  

Rubber Market Closes Higher Amid Stronger Economic Data

KUALA LUMPUR, Oct 19 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, as stronger-than-expected key economic data supported market sentiment, said a dealer.

CIMB Expects Bank Indonesia To Raise Rates This Week

By Nik Nurfaqih Nik Wil

JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.

Chery’s AiMOGA Opens Global Pre-Orders For Home Robot Mobo

KUALA LUMPUR, Oct 19 (Bernama) -- Chery’s robotics brand AiMOGA Robotics is showcasing Mobo, its first consumer-grade humanoid robot designed for home companionship, and opening global pre-orders at the 2026 Chery International User Summit in Wuhu from Oct 19 to 23.

Malaysia’s Exports Surpass RM200 Bln For First Time, Surging 54.5 Pct In September

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia's exports surpassed RM200 billion for the first time in September, surging 54.5 per cent year-on-year to a record RM215.11 billion, marking the fastest growth since April 2021.

Bursa Malaysia Ends Morning Session Lower, Financial Counters Weigh

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by selling in financial services stocks as the local market tracked losses on Wall Street last Friday.  

AM Best Affirms China Taiping Singapore’s Excellent Ratings

KUALA LUMPUR, Oct 19 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of China Taiping Insurance (Singapore) Pte Ltd (CTPIS), with a stable outlook.

DNB To Accelerate 5G Adoption, Drive Business Gains

KUALA LUMPUR, Oct 19 (Bernama) -- Digital Nasional Bhd (DNB) will work with its mobile network operator shareholders, customers and technology partners to accelerate 5G adoption and bring practical solutions to market, helping businesses improve efficiency, reduce costs and reach wider markets.