Ringgit Firmer Against US Dollar On Stronger-than-expected GDP Growth

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year (2Q 2026) supported the local currency.

Ringgit Remains Broadly Stable Against Major Trading Partners In 2Q 2026 - BNM

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit remained broadly stable against the currencies of major trading partners in the second quarter (2Q) of 2026, amid evolving global financial conditions, particularly the shift in market expectations due to the direction of United States monetary policy, said Bank Negara Malaysia (BNM).

Malaysia's Current Account Remains Surplus At RM10.8 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia’s current account balance (CAB) recorded a surplus of RM10.8 billion in the second quarter of 2026 (2Q 2026), primarily supported by a substantial increase in the goods surplus to RM40.7 billion, according to the Department of Statistics Malaysia (DOSM).

SBC Medical Reports 13 Pct Rise In Q2 Revenue, Net Income Jumps 335 Pct 

KUALA LUMPUR, Aug 14 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported a 13 per cent year-on-year (yoy) increase in consolidated revenue to US$49 million for the second quarter (Q2) of fiscal 2026 ended June 30. (US$1 = RM4.08)

Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.

Malaysia’s Natural Rubber Production Jumps 31.5 Pct In June 2026 - DOSM

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia’s natural rubber (NR) production increased by 31.5 per cent to 26,553 tonnes in June 2026 from 20,198 tonnes in May 2026.

HLIB Expects Malaysia's 2Q GDP To Expand 5.9 Pct

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia's gross domestic product (GDP) for the second quarter of 2026 (2Q 2026) is expected to grow by 5.9 per cent, underpinned by stronger manufacturing and mining sectors.

Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.

Rubber Market Ends Higher On Firmer Oil Prices, Positive US Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, supported by firmer crude oil prices, a dealer said.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by bargain hunting following yesterday’s losses and renewed buying interest in selected heavyweight counters, although cautious sentiments abound due to Wall Street’s weaker overnight performance.