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Ringgit slips against US dollar amid cautious sentiment, rises against other major currencies
KUALA LUMPUR, Jan 7 — The ringgit opened slightly lower against the US dollar yesterday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data. At 8am, the local currency inched down
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BNM gets RM2.5b boost, plans RM10b guaranteed loans to widen SME financing
KUALA LUMPUR, Jan 6 — Bank Negara Malaysia (BNM) will receive an additional RM2.5 billion to support small and medium enterprises (SMEs), with a focus on helping first-time borrowers gain access to financing. In a statement today, Bank Negara Malaysia
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Ringgit kicks off 2026 on a high as Trump talk rattles the dollar
KUALA LUMPUR, Jan 2 — The ringgit edged higher against the US dollar on the first trading day of the year, as the greenback weakened on expectations of possible further United States Federal Reserve (Fed) rate cuts in 2026. At
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AirBorneo weighs fuel deals with Petronas and Petros to cut operating costs
KUCHING, Jan 2 — Contracts and memorandums of understanding (MoUs) with oil companies such as Petroliam Nasional Berhad (Petronas) and Petroleum Sarawak Berhad (Petros) are being considered as part of studies to help lower AirBorneo’s operating costs, said Datuk Seri
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Biomedical and electronics clusters lift Singapore GDP as Q4 growth hits 5.7pc
KUALA LUMPUR, Jan 2 — Singapore’s economy grew by 5.7 per cent on a year-on-year (y-o-y) basis in the fourth quarter of 2025 (Q4 2025), extending the 4.3 per cent growth in the previous quarter, according to advance estimates from
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AI boom drives South Korea exports to record US$700b in 2025
SEOUL, Jan 1 — Soaring global demand for semiconductors fuelled by a boom in artificial intelligence sent South Korea’s exports to their highest-ever level in 2025, official data showed Thursday. Total exports last year were valued at over US$700 billion,
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BNM reports Malaysia’s official reserve assets at US$124.12b as of end‑November 2025
KUALA LUMPUR, Dec 31 — Malaysia’s official reserve assets amounted to US$124.12 billion (RM503 billion) as at November 30, 2025, while other foreign currency assets stood at US$266.2 million, according to Bank Negara Malaysia (BNM). The central bank said the
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Final day of 2025 trading sees Asia markets mixed, metals ease after record highs
HONG KONG, Dec 31 — Asian stocks were mixed at the start of the final trading day of 2025 today, with some tracking Wall Street losses as investors eased towards the New Year break. Trading remained thin in the holiday-shortened
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‘Oracle of Omaha’ Warren Buffett ends 60‑year run at Berkshire Hathaway, hands reins to Greg Abel
WASHINGTON, Dec 31 — American investor Warren Buffett, widely known as the “Oracle of Omaha,” will step down today as CEO of investment conglomerate Berkshire Hathaway after leading the company for 60 years, Sputnik/RIA Novosti reported. Buffett, one of the
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Genting unit issues RM3b unrated MTN, redeems existing notes
KUALA LUMPUR, Dec 30 — Genting Bhd’s (Genting) wholly-owned subsidiary, Genting Vista Bhd, today issued an unrated medium-term notes (MTN) programme of RM3.0 billion in nominal value (Series 1) under its RM5 billion unrated MTN programme. The proceeds raised from
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