Ringgit Ends Higher Against Major Currencies, Eases vs US Dollar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit closed higher against major currencies, but eased against the US dollar on Tuesday, amid anticipation of the US Federal Open Market Committee’s (FOMC) policy decision this week, an analyst said.

TNB Issues RM4.8 Bln Sustainability Sukuk Wakalah Under RM10 Bln Sukuk Programme

KUALA LUMPUR, Oct 27 (Bernama) -- Tenaga Nasional Bhd (TNB) issued RM4.8 billion in Sustainability Sukuk Wakalah under an Islamic Medium Term Notes Programme of up to RM10 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar.

Bursa Malaysia Ends Higher On Bargain Hunting

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher on Tuesday, supported by bargain hunting activities following the previous day's sell-off.

Matrix Concepts To Acquire 175 Ha Of Land In Kulai For RM169 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- Matrix Concepts Holdings Bhd's unit, Matrix Concepts (Southern) Sdn Bhd, has signed separate sale and purchase agreements (SPAs) to acquire 57 parcels of land spanning about 174.77 hectares in Kulai, Johor, for RM169.31 million in cash.

Bursa Malaysia Higher At Midday On Improved Global Risk Sentiment

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by an improved global risk appetite amid easing oil prices.

Bursa Malaysia Stays Higher At Mid-Morning On Continous Buying Activities

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia stayed higher mid-morning, supported by continuous buying in selected heavyweights, mainly utility counters. 

Nasdaq Bolsters Singapore Presence With Two Senior Leaders

KUALA LUMPUR, Oct 27 (Bernama) -- Nasdaq Inc has appointed Andrew Murray as Senior Vice President, Financial Technology, Asia-Pacific, based in Singapore, to deepen its client partnerships and accelerate business growth in the region.

Bursa Malaysia Opens Higher Tracking Wall Street Cues

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking firmer overnight Wall Street performance.

Ringgit Opens Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Tuesday as Malaysia’s resilient economic fundamentals continued to support the local note amid lingering geopolitical risks in West Asia, an analyst said.

STR, SARA To Help Households Cope With Rising Living Costs, A Short-Term Assistance

KUALA LUMPUR, Oct 27 (Bernama) -- The Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) assistance programmes must remain short-term measures rather than permanent features, as they are designed to help households cope with rising living costs and maintain their purchasing power, an economist said.

BNM, ISDB Discuss Future Collaboration On Islamic Finance, Sustainable Development

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM)’s governor Datuk Seri Abdul Rasheed Ghaffour has met with the Islamic Development Bank (IsDB) group chairman Dr Muhammad Al Jasser to discuss ongoing and future collaboration between the two parties.

Ringgit Ends Lower Against US Dollar, Higher Against Most Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.