Ringgit Improves Vs Greenback Amid Progress In West Asia Peace Talks
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.
| LATEST NEWS | The Data Centre Task Force has received more than 40 applications to establish or expand operations in Malaysia this year - MITI | United Asiapac Energy opens flat at 35 sen on its ACE Market debut with 2.38 mln shares traded | Jamil Khir charged in KL Sessions Court with three counts of causing Lembaga TH to write off over RM860 million in funds to Al-Rawda. | |
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as peace negotiations in West Asia made progress, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 22 (Bernama) -- The ringgit eased against the US dollar on Monday, as growing uncertainties surrounding the West Asia conflict and expectations of a potential United States (US) Federal Reserve (Fed) interest rate hike fuelled demand for the greenback.
KUALA LUMPUR, June 22 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, with both SMR 20 and latex-in-bulk climbing to fresh 2026 highs.
KUALA LUMPUR, June 22 (Bernama) -- Strong global demand for artificial intelligence (AI) infrastructure and energy products continued to support Malaysia's trade growth in the first five months of 2026, according to the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, June 22 (Bernama) -- Malaysia will continue to strengthen energy cooperation with strategic partners such as Russia and Turkmenistan while ensuring Malaysian companies remain compliant with international obligations and aware of sanctions-related risks, Minister of Economy Akmal Nasrullah Mohd Nasir said.
KUALA LUMPUR, June 22 (Bernama) -- AirAsia X Bhd expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia.
KUALA LUMPUR, June 22 (Bernama) -- The ringgit opened lower against the US dollar on Monday, but strengthened against other major currencies amid cautious trading as market players closely watched West Asia geopolitical tensions unfolding.
KUALA LUMPUR, June 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the RM4,200 to RM4,300 per tonne range despite easing tensions in West Asia, said a trader.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week to close higher on Friday, driven by supply concerns and renewed tension in West Asia, said a trader.
By Siti Noor Afera Abu
KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.
KUALA LUMPUR, June 19 (Bernama) -- VS Industry Bhd recorded a net loss of RM32.91 million in the third quarter ended April 30, 2026 (3Q 2026) from a net profit of RM23.77 million posted in the same quarter last year.
SHAH ALAM, June 19 (Bernama) -- The Selangor state government plans to expand its Selangor Advance (SA500) programme to support the cash flow needs of companies involved in state infrastructure projects, including those undertaken at the district and local authority levels.