KUALA LUMPUR, April 3 — The ringgit ended lower against the US dollar on firmer demand for the greenback, as investors sought the safe haven currency amid worries over worsening global economic outlook due to the Covid-19 pandemic.

KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) has intensified its engagements with financial institutions on improving approaches to the measurement of operational risk as well as scenario analysis and stress testing.

KUALA LUMPUR, April 3 — Bursa Malaysia failed to retain earlier gains and slipped into the red at the mid-morning, as Bank Negara Malaysia’s (BNM) less heartening economic outlook for 2020 had eclipsed the surging crude oil prices.

KUALA LUMPUR, April 3 — Measures introduced by the Federal government and Bank Negara Malaysia (BNM) in response to the Covid-19 pandemic is expected to support households and provide them with temporary financial relief.

KUALA LUMPUR, April 3 — The Covid-19 catastrophe will have a significant impact on Malaysia’s economy, with the gross domestic product (GDP) expected to decline to between -2.0 and 0.5 per cent in 2020 versus 4.3 per cent last year.

MANCHESTER, April 3 — Bank Negara Malaysia (BNM) will pay a higher dividend of RM3.5 billion to the government for 2019, up 40 per cent from the preceding year's RM2.5 billion payout.

KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) is currently working to develop the next blueprint for the financial sector which the central bank aimed to publish it by next year, said governor Datuk Nor Shamsiah Mohd Yunus.

KUALA LUMPUR, April 3 — The ringgit traded lower against the US dollar today as demand for the safe-haven greenback rose across the board amid worries over the worsening global economic outlook.

KUALA LUMPUR, April 2 — The ringgit traded higher against the US dollar today, lifted by rising oil prices and on reports saying that China plans to buy oil for its state reserves, an analyst said.

KUALA LUMPUR, April 2 — The ringgit opened lower against the US dollar today as worries of an extension of the movement control order (MCO) drove investors to seek shelter in the safe-haven greenback.

KUALA LUMPUR, April 1 — Bursa Malaysia finished at an intra-day low today as investor sentiments were affected by the weaker manufacturing data amidst straggling crude oil prices.

KUALA LUMPUR, April 1 — Bursa Malaysia reversed yesterday’s gains to start weaker today, tracking Wall Street’s overnight tumble after Dow Jones Industrial Average suffered the worst quarterly fall since 1987.

KUALA LUMPUR, April 1 — The ringgit extended its uptrend to open higher against the US dollar amid the weaker greenback.

KUALA LUMPUR, March 31 — Bursa Malaysia wrapped up the first quarter of 2020 on a positive note, lifted by some mild quarter-end window dressing seen across the board.

KUALA LUMPUR, March 31 — The ringgit ended higher against the US dollar today, supported by improved oil prices, said an analyst.

KUALA LUMPUR, March 30 — The Economic Action Council (EAC) has appointed two new members, renowned banking figure Datuk Bridget Lai @ Bridget Anne Chin Hung Yee from Sabah and Sarawak Chamber of Bumiputera Entrepreneurs chairman, Datu Abang Halmi Ikhwan in a meeting today.

KUALA LUMPUR, March 30 — The government expects the country’s economy will need at least six months to recover after the Covid-19 crisis ends, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, March 29 — Malaysia’s Top Glove Corporation Bhd, which makes one in every five gloves globally, expects a product shortage as demand from Europe and the United States spikes because of the widening coronavirus outbreak is exceeding its capacity.

KUALA LUMPUR, March 28 — Bank Rakyat Group recorded a net profit of RM1.15 billion for the year ended December 2019 and a profit before tax and zakat of RM1.79 billion, amid a challenging year.

KUALA LUMPUR, March 28 — The ringgit is expected to continue its upward momentum against the US dollar next week amid cautious trade, supported by positive global and domestic economic developments, dealers said.