Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Govt Confident 2026 GDP Growth Will Exceed 5 Pct, Strong Economy To Benefit The People - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Asia Pacific Airlines Carry 30.4 Mln International Passengers In September, Up 0.7 Pct -- AAPA

KUALA LUMPUR, Oct 29 (Bernama) -- Asia Pacific airlines carried a total of 30.4 million international passengers in September 2026, a marginal 0.7 per cent increase compared with the same month last year, according to the Association of Asia Pacific Airlines (AAPA).

Ringgit Opens Higher Against US Dollar On Expectations Of OPR Normalisation

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.

Commodity Prices To Rise 23 Pct This Year, Further Supply Shocks Expected As Oil Stocks Depleted - World Bank

KUALA LUMPUR, Oct 28 (Bernama) -- Commodity prices are set to rise 23 per cent in 2026 as global shocks mount with the West Asia conflict having drawn down oil inventories and is set to push energy prices to a four-year high, according to the World Bank Group’s latest Commodity Markets Outlook released today. 

Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.

Kenanga IB Raises Malaysia's 2026 PPI Growth Forecast To 7.4 Pct Amid Energy Risks

KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.

Sabah's Federal Development Expenditure At 71.78 Pct As Of Oct 26

KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.

Safran's Negeri Sembilan Facility Produces 27 Pct Of Global Carbon Brake Discs

KUALA LUMPUR, Oct 28 (Bernama) -- Safran Group’s carbon brake disc manufacturing facility in Sendayan, Negeri Sembilan, accounts for 27 per cent of its global production, underscoring the importance of the Malaysian operation within Safran’s global manufacturing network. 

Penang, Johor, Selangor Account For 80.5 Pct Of Malaysia’s September Trade – DOSM

KUALA LUMPUR, Oct 28 (Bernama) -- Penang, Johor and Selangor accounted for 80.5 per cent of Malaysia’s total trade in September 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia 3Q Net Profit Rises 10 Pct To RM70.20 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia Bhd’s net profit rose 10 per cent to RM70.20 million in the third quarter ended Sept 30, 2026 (3Q2026), from RM63.84 million a year earlier.