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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.

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.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

EarthDaily Secures US$3 Mln NASA Task Order For Land Imaging

KUALA LUMPUR, Oct 27 (Bernama) -- EarthDaily has received a US$3 million task order from the National Aeronautics and Space Administration (NASA) to provide its constellation data and technical support for NASA and the United States Geological Survey (USGS) for evaluating how commercial imagery could be used in US federal land imaging programmes. (US$1 = RM4.08)

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.

Gold Futures End Lower Amid Selling In Materials, Mining Stocks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday due to significant selling in materials stocks and gold-mining shares, an analyst said.

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.

Bursa Malaysia Ends Lower On Selling In Utilities, Banking Heavyweights

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.

Sibu SEZ: Better Air Links, High-Tech Infrastructure Key To Attracting Investors

SIBU, Oct 26 (Bernama) -- Improved air connectivity and high-tech infrastructure must be prioritised under the proposed Sibu Economic Zone (SEZ) to attract investment, skilled talent and high-value industries to central Sarawak, says local entrepreneur Dr Gregory Hii Sui Cheng.

Brent Crude Oil Rises To US$117 Per Barrel On Intensifying Houthi Attacks, Shipping Disruptions

KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.

Bursa Malaysia Ends Morning Session Lower Amid Ongoing West Asia Tensions

KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia ended the morning session lower today, weighed down by escalating geopolitical tensions in West Asia.

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade on Monday amid cautious sentiment ahead of the US Federal Reserve’s Federal Open Market Committee (FOMC) meeting on Oct 27-28.