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Foreign investors pour RM492m into Bursa Malaysia amid short trading week
KUALA LUMPUR, Sept 22 — Foreign investors have continued to be net buyers on Bursa Malaysia last week, marking the second consecutive week of net buying streak with a net inflow of RM492.1 million, according to MBSB Investment Bank Bhd
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SP Setia names Tan Hwa Min deputy CEO, Yuslina Mohd Yunus COO
KUALA LUMPUR, Sept 22 — SP Setia Bhd has appointed Tan Hwa Min as deputy chief executive officer (CEO) (effective Nov 17), and Datuk Yuslina Mohd Yunus as chief operating officer (COO), (effective Oct 1), following the appointment of Datuk
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S&P Global reaffirms Malaysia’s sovereign credit ratings, stable outlook, says Finance Ministry
KUALA LUMPUR, Sept 20 — S&P Global Ratings (S&P) has reaffirmed Malaysia’s sovereign credit ratings at ‘A-’ with a stable outlook, underscoring confidence in the country’s macroeconomic management despite global trade uncertainty, according to the Finance Ministry (MoF). The rating
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Malaysia’s halal trade fair Mihas 2025 draws record deals, says Matrade
KUALA LUMPUR, Sept 20 — The Malaysia International Halal Showcase (Mihas) 2025 has recorded RM4.97 billion in sales as of the third day of the event, and the figure is set to increase even higher, according to the Malaysia External
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Bursa Malaysia slips at open, tracking Wall Street’s mixed close after Fed decision
KUALA LUMPUR, Sept 18 — Bursa Malaysia opened lower on Thursday, tracking overnight Wall Street’s mixed close, where traders locked in profits after the United States (US) Federal Reserve’s (Fed) expected rate cut and outlook for more adjustments. At 9.10
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Ringgit dips against US dollar after Fed rate cut signals gradual easing
KUALA LUMPUR, Sept 18 — The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points. At 8 am, the
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US Fed makes first rate cut of 2025, citing employment risks as Trump’s influence grows
WASHINGTON, Sept 18 — The US Federal Reserve yesterday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face heightened pressure under President Donald Trump. The Fed cut the benchmark
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Microsoft announces landmark US$30b UK investment as Trump, Starmer seek tech ties
LONDON, Sept 17 — Microsoft announced yesterday a US$30 billion (RM125 billion) investment in the UK over four years, as US President Donald Trump landed in Britain for a landmark second state visit. “We’re committed to creating new opportunity for
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Ringgit opens stronger against US dollar on softer Fed outlook
KUALA LUMPUR, Sept 17 — The ringgit opened firmer against the US dollar on Wednesday, supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an
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Bursa Malaysia opens higher ahead of key US interest rate decision
KUALA LUMPUR, Sept 17 — Bursa Malaysia kicked off the week on a positive note, buoyed by growing expectations of interest rate cuts ahead of the highly anticipated United States (US) Federal Open Market Committee (FOMC) meeting later tonight. At
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