Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst. 

MADANI Govt Continues Working With BNM, Banking Industry To Ensure Financial System Remains Stable

KUALA LUMPUR, July 8 (Bernama) -- The MADANI government will continue to work closely with Bank Negara Malaysia (BNM) and the banking industry to ensure the country’s financial system remains stable, inclusive, and people-centred.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.

Banks Must Move Beyond AI Adoption To Trusted Implementation -- AICB

KUALA LUMPUR, July 8 (Bernama) -- There is a need for banks to move beyond Artificial Intelligence (AI) adoption towards trusted implementation, backed by stronger governance, assurance, resilience and future-ready talent, said the Asian Institute of Chartered Bankers (AICB).

Bursa Malaysia Turns Marginally Lower At Midday On Mild Profit-taking

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia turned marginally lower at midday today as mild profit-taking emerged in the late morning session, dampening market sentiment.

BNM To Keep OPR At 2.75 Pct On Contained Inflation, Growth -- Kenanga IB

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).

HLIB Raises 2026, 2027 Average CPO Price Forecast To RM4,450, RM4,300 Per Tonne

KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.

Bursa Malaysia Opens Higher, Outperforms Regional Peers

KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday, outperforming the weaker overnight performance on Wall Street and mixed trading across regional markets.

Ge-Shen Unit Disposes Of Land In Johor For RM35.50 Mln

KUALA LUMPUR, July 7 (Bernama) -- Ge-Shen Corp Bhd’s wholly owned subsidiary, Ge-Shen Plastic (M) Sdn Bhd, has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land located in Tebrau, Johor, for RM35.50 million.

Ringgit Ends Higher On Weaker Greenback, Firmer Oil

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed higher against the US dollar today, tracking gains in regional currencies as a weaker greenback and firmer crude oil prices lifted sentiment, an analyst said.

BNM To Keep OPR Unchanged At 2.75 Pct -- Economists

By Karina Imran

KUALA LUMPUR, July 7 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent at its Monetary Policy Committee (MPC) meeting, supported by resilient external sector performance, moderate domestic demand and manageable inflationary risks, said economists.

Bursa Malaysia Ends Marginally Lower On Mild Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.