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There are 11 news based on search keyword " interest rate"

Ringgit Extends Rally Against US Dollar As Traders Reassess Fed Rate Hike Prospects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking losses in regional rubber futures and a decline in benchmark crude oil prices, a dealer said.

EIG, Acwa Form US$4 Bln US Power Partnership

KUALA LUMPUR, Oct 29 (Bernama) -- Energy and infrastructure investor EIG and Saudi-listed power producer Acwa have signed definitive agreements to establish Plenum Power, a strategic partnership targeting investments in the United States (US) power sector with an initial equity commitment of about US$4 billion. (US$1 = RM4.07)

State Sales Tax, Logistics Costs The Main Factors In FFB Purchase Price Differences Between Sabah And Peninsula

KUALA LUMPUR, Oct 29 (Bernama) — The imposition of State Sales Tax (SST) as well as logistics and transportation costs are the main factors behind the difference in the purchase price of fresh fruit bunches (FFB) between Sabah and the peninsula, said Deputy Plantation and Commodities Minister Datuk Seri Huang Tiong Sii.

Bursa Malaysia Opens Higher For Third Consecutive Day

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia opened higher for the third consecutive day on Thursday, tracking overnight gains on Wall Street after the United States Federal Reserve (Fed) kept interest rates unchanged at 3.75 per cent to 4.00 per cent.

Ringgit Opens Higher Against US Dollar On Expectations Of OPR Normalisation

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by the possibility of overnight policy rate (OPR) normalisation at Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting next week.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.

Fitch Sees Malaysia’s Islamic Finance Topping US$800 Bln, Growth To Continue

KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.

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.

Ringgit Opens Higher As AI Investment Concerns Weigh On Greenback

By Siti Noor Afera Abu and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit opened higher on Friday as the greenback weakened after equity prices fell amid heightened concern over artificial intelligence (AI)-related investments.