Ringgit Opens Higher Against US Dollar Ahead Of 2Q GDP Print

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released on Aug 14, an economist said. 

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Kuala Lumpur Rubber Market Ends Higher In Line With Regional Gains

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, buoyed by gains in regional rubber futures and firmer crude oil prices, a dealer said.

HE Group Accepts LOI For Johor Data Centre Electrical Works Worth RM47 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- HE Group Bhd’s wholly owned subsidiary, Hexatech Engineering Sdn Bhd, has accepted a letter of intent (LOI) to proceed with the supply and installation of 275-kilovolt (kV) electrical works for a data centre in Johor, valued at approximately RM47 million.

Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting   Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.

Ringgit Opens Mixed Against Major Currencies As US Dollar Gains

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened mixed against a basket of major currencies on Tuesday, while the US dollar strengthened amid elevated crude oil prices following the reopening of the Strait of Hormuz.

Ringgit Steady Vs US Dollar as Investors Await Key US Data

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance.

Malaysia's Positive Economic Growth Reflects Country's Resilience – Academic

KUALA LUMPUR, Aug 10 (Bernama) -- The preliminary estimate of Malaysia's gross domestic product (GDP), which grew by 5.8 per cent in the second quarter of 2026, is a positive development that reflects the resilience of the country's economy amid an uncertain global environment, said an academic.

Rubber Market Ends Lower On Weak US Labour Data

By K. Naveen Prabu

KUALA LUMPUR, Aug 10 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by weaker-than-expected United States (US) labour market data, a dealer said.

Bursa Malaysia Ends Marginally Lower as Investors Stay On Sidelines

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said.

AM Best: Record Reinsurance Capital Tests Underwriting Discipline 

KUALA LUMPUR, Aug 10 (Bernama) -- Global reinsurers are facing increased pressure on pricing as strong earnings since 2023 have driven capital to record levels, raising questions over whether underwriting discipline can be maintained amid growing competition, according to a new report by AM Best.

Ringgit Expected To Stabilise By End-August – Kenanga IB

KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.