ANKARA, Sept 23 — American aircraft manufacturer Boeing will pay US$200 million to settle charges for misleading investors about its 737 MAX airplane, the US Securities and Exchange Commission (SEC) said Thursday.

KUALA LUMPUR, Sept 23 — The ringgit opened marginally lower against the US dollar on Friday due to the lack of buying momentum as demand for the greenback remained strong on the back of its safe-haven status, a dealer said.

KUALA LUMPUR, Sept 22 — The ringgit depreciated against the US dollar today despite higher oil prices, said a dealer.

KUALA LUMPUR, Sept 22 — The Leading Index (LI), which predicts the country’s economic direction four to six months ahead on average, remained stable by registering 109.5 points in July 2022 against 105.2 points in the same month last year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Sept 22 — The ringgit extended its downtrend to open lower against the greenback today, weighed by declining oil prices and after the US central bank delivered a steep interest rate hike.

KUALA LUMPUR, Sept 21 — The ringgit rebounded after six consecutive days of losses to close marginally higher against the US dollar today on renewed buying interest and higher oil prices, ahead of the interest rate decision by the United States Federal Reserve (US Fed).

KUALA LUMPUR, Sept 21 — The retail price of RON97 petrol will drop by 10 sen from RM4.15 to RM4.05 per litre, while those of RON95 and diesel will remain unchanged for the week from September 22 to September 28.

KUALA LUMPUR, Sept 21 — Research firms have lowered their target price (TP) on Top Glove Corp Bhd following its lacklustre performance for its financial year ended August 31, 2022 (FY2022).

KUALA LUMPUR, Sept 21 — The financial sector plays a crucial role in helping the economy and society mitigate climate change risks, and its response in the coming years will affect how financial institutions interact with businesses going forward, said Bank Negara Malaysia (BNM) Deputy Governor Datuk Jessica Chew Cheng Lian.

KUALA LUMPUR, Sept 21 — The ringgit slipped to a fresh all-time low against the US dollar at the opening on Wednesday, breaching the 4.5600 level due to the lower oil prices, coupled with the strengthening of the greenback, a dealer said.

KUALA LUMPUR, Sept 20 — The ringgit ended lower against the US dollar as oil prices declined, and the pressure was exacerbated by growing anticipations of an aggressive interest rate hike decision by the United States Federal Reserve tomorrow, said an analyst.

KUALA LUMPUR, Sept 20 — MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4 per cent and 29.5 per cent, respectively.

KUALA LUMPUR, Sept 20 — Top Glove Corporation Bhd's net profit tumbled to RM235.97 million for its financial year ended Aug 31, 2022 (FY2022) from RM7.71 billion previously due to normalisation in the glove industry post-pandemic and amid escalating costs and oversupply.

KUALA LUMPUR, Sept 20 — Malaysia’s trade remained sturdy in August 2022 with exports jumping 48.2 per cent to RM141.33 billion, the 13th successive month of double-digit growth, the Ministry of International Trade and Industry (Miti) said.

KUALA LUMPUR, Sept 20 — The ringgit rebounded to open marginally higher against the US dollar today on renewed buying interest, despite the anticipation of a United States (US) interest rate hike, a dealer said.

KUALA LUMPUR, Sept 19 — The ringgit continued to be weighed by the rising US dollar for the fifth consecutive session as another aggressive United States (US) interest rate hike is expected this week, said an analyst.

KUALA LUMPUR, Sept 19 — Farmers across Asia are busy planting trees to boost palm oil production but nurseries are struggling to keep up with demand for sprouts and seedlings, risking a delay in the industry's recovery from the Covid-19 pandemic.

KUALA LUMPUR, Sept 19 — The ringgit continued its downtrend on Monday due to the lack of catalysts amidst growing risk-off sentiment, said an analyst.

KUALA LUMPUR, Sept 17 — The ringgit is expected to see further declines next week against the greenback at around the 4.50 - 4.60 levels on a lack of catalysts and ahead of the US central bank decision on interest rates, said an analyst.

KUALA LUMPUR, Sept 15 — The Securities Commission Malaysia (SC) has approved the proposed merger between Digi.Com Bhd and Celcom Axiata Bhd (Celcom) under certain terms and conditions, Digi and Axiata Group Bhd (Axiata) said.