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Ringgit strengthens to 3.92 against US dollar ahead of Malaysia’s GDP data
KUALA LUMPUR, Feb 10 — The ringgit revisited the 3.92 level to end higher against the US dollar on Tuesday, as investors took positions ahead of the release of Malaysia’s gross domestic product (GDP) data on Friday. At 6 pm,
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US and India unveil interim trade framework, move closer to broad pact
WASHINGTON, Feb 7 — The United States and India moved closer to a trade pact on Friday, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply
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Ringgit ends flat against US dollar
KUALA LUMPUR, Feb 6 — The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier. However, the decline was capped by weaker US economic data which continued to support
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Bursa KLCI claws back losses, ends at intraday high on heavyweight buying
KUALA LUMPUR, Feb 6 — Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 1.81 points, or 0.11 per
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Toyota names finance chief Kenta Kon as new CEO, replacing Koji Sato from April
TOKYO, Feb 6 — Toyota said today that finance chief Kenta Kon would take over as chief executive from April 1, replacing Koji Sato after three years in charge. “This change in roles is intended to accelerate management decision-making in response
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Dollar demand dents ringgit, local note slides at close while showing mixed performance regionally
KUALA LUMPUR, Feb 5 — The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance. At 6pm, the local note slid to 3.9440/9535 against
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‘Dishonest to ignore’: Lufthansa confronts its Nazi-era history for 100th anniversary
FRANKFURT, Feb 4 — To mark a century since its founding, Germany’s Lufthansa is reappraising its history to take on greater responsibility for its actions during the Nazi era, breaking with earlier attempts to separate its pre- and post-war identity.
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Ringgit stays below RM4 mark to USD amid cautious sentiment due to geopolitical risks
KUALA LUMPUR, Feb 4 —The ringgit held steady against the US dollar at the close today, supported by positive business indicators across Asia, including Malaysia, but tilted down slightly amid cautious market sentiment due to heightened geopolitical risks. At 6pm,
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Gold rockets back toward US$5,100 as US–Iran tensions ignite fresh safe-haven stampede
HONG KONG, Feb 4 — Gold prices bounced back to near US$5,100 (RM20,035) today on safe-haven demand as renewed geopolitical tensions between the US and Iran added to the yellow metal’s appeal a day after it posted its best day
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Judge rejects Elon Musk’s bid to dismiss SEC case alleging delayed Twitter-share disclosure
WASHINGTON, Feb 4 — A federal judge yesterday rejected Elon Musk’s bid to dismiss a US Securities and Exchange Commission lawsuit that claimed he waited too long to disclose his purchases of Twitter shares in 2022. US District Judge Sparkle
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