KUALA LUMPUR, Dec 6 — Malaysians are in their “worst-ever financial position” as they face a looming global recession amid rising inflation, according to a survey.

KUALA LUMPUR, Dec 6 — The ringgit opened lower against the US dollar today as the greenback strengthened on the back of strong United States (US) economic data.

KUALA LUMPUR, Dec 5 — The ringgit closed higher against the US dollar today, buoyed by positive sentiment following China's reopening that will continue to drive investors to Asia markets.

KUALA LUMPUR, Dec 5 — While the near-worldwide lifting of travel restrictions has brought relief to the aviation industry, airlines continue to see threats from inflation, the risk of recession, and foreign exchange volatility that could undermine their recovery process.

KUALA LUMPUR, Dec 5 — The Employees Provident Fund (EPF) recorded a total gross investment income of RM39.31 billion for the nine months ended September 30, 2022 (9M2022), a decrease of 18 per cent or RM8.71 billion from the RM48.02 billion recorded in 9M2021.

KUALA LUMPUR, Dec 5 — The ringgit opened higher against the US dollar today as the greenback continued its retracement amid dovish United States (US) Federal Reserve (Fed) officials' statements and increasing risk appetite, an analyst said.

KUALA LUMPUR, Dec 4 — Bilateral trade between Malaysia and the United Arab Emirates (UAE) estimated to reach over US$7 billion by the end of 2022 - a remarkable increase from US$5.4 billion in 2021.

KUALA LUMPUR, Dec 4 — It's been a bumper year for car sales! Malaysia’s total industry volume (TIV) is poised to settle at a record high this year, driven by strong initial bookings figures and sustained demand. Car sales and accumulated bookings recorded by several marques in the first half...

KUALA LUMPUR, Dec 3 — The ringgit is expected to trade between the 4.38 and 4.40 level against the US dollar next week with an upward bias, especially if foreign exchange (FX) markets continue to price in a slowdown in the US interest rate hike cycle with Malaysia’s new Cabinet offering further support.

KUALA LUMPUR, Dec 2 — The ringgit resumed its upward momentum today versus the US dollar, closing the first trading week of December at 4.38, a level not seen since June this year, a dealer said.

KUALA LUMPUR, Dec 2 — Perodua said its November and year-to-date sales as well as production numbers reached new highs as the national compact car company shifts into higher gear to meet demand.

KUALA LUMPUR, Dec 2 — The ringgit continued to open higher against the US dollar for the third consecutive day today, following the release of the United States (US) initial economic data that indicated inflation concerns, an analyst said.

PUTRAJAYA, Dec 1 — The retail prices of cooking oil for the period December 8, 2022, to Jan 7, 2023, will remain unchanged, said Domestic Trade and Consumer Affairs Ministry’s (KPDNHEP) secretary-general Datuk Azman Mohd Yusof.

KUALA LUMPUR, Dec 1 — External forces have continued to propel the ringgit to close higher against the US dollar on the first trading day for December, said a dealer.

KUALA LUMPUR, Dec 1 — The Federation of Malaysian Manufacturers (FMM) is encouraging small and medium enterprises (SMEs) to adopt the Fourth Industrial Revolution (Industry 4.0) to enable them to leverage the global market and free trade agreements (FTAs).

KUALA LUMPUR, Dec 1 — The manufacturing sector may face a downturn in the first quarter of next year (Q1 2023) due to global uncertainties, said the Federation of Malaysian Manufacturers (FMM).

NEW YORK, Dec 1 — Oil prices rose noticeably on Wednesday after data showed a marked drop in US crude stockpiles, reported Xinhua.

KUALA LUMPUR, Dec 1 — The ringgit opened higher against the US dollar today after the greenback retreated following the United States (US) central bank’s less hawkish tone on interest rate hikes, an analyst said.

KUALA LUMPUR, Nov 30 — CIMB Group Holdings Bhd posted a solid net profit of RM1.41 billion in the third quarter ended September 30, 2022 (Q3 2022) from a net loss of RM100.59 million in Q3 of the financial year 2021.

KUALA LUMPUR, Nov 30 — The ringgit ended higher against the US dollar today on renewed buying interest, reflecting a favourable China reopening narrative, said a dealer.