KUALA LUMPUR, May 25 — The ringgit rebounded from yesterday’s close to open higher against the US dollar today, on renewed buying support due to the positive development of the Covid-19 vaccine rollout, dealers said.

KUALA LUMPUR, May 24 — The ringgit opened almost flat against the US dollar today as a lack of market moving news resulted in most investors remaining on the sidelines, a dealer said.

KUALA LUMPUR, May 21 — Homegrown Aerodyne Group has formed a joint-venture (JV) company with Thailand's AI and Robotics Ventures Company Limited (ARV) and Digital Creation Co., Ltd.

KUALA LUMPUR, May 21 — The ringgit opened higher against the US dollar on Friday, buoyed by the rise in oil prices.

KUALA LUMPUR, May 20 — Shopee’s partnership with various ministries, governmental agencies, associations and state governments since the first movement control order (MCO) last year has generated about RM1 billion of sales for the economy.

KUALA LUMPUR, May 20 — The ringgit extended yesterday’s losses against the US dollar at opening today after the release of the Federal Open Market Committee (FOMC) meeting minutes, which indicated that the US economy was improving rapidly and could lead to a tighter monetary policy.

KUALA LUMPUR, May 19 — The ringgit opened slightly higher against the US dollar in early trade today, as the latter's performance was pulled by the lower-than-expected US Building Permits, a key indicator of demand in the housing market, and weaker dollar index.

KUALA LUMPUR, May 18 — Banks in Malaysia's with A3 stable outlook are benefitting from a diversified and competitive economy with ample natural resources, Moody's Investors Service said.

KUALA LUMPUR, May 18 — Bursa Malaysia rebounded to open higher on Tuesday on bargain-hunting activities.

KUALA LUMPUR, May 18 — The ringgit strengthened against the US dollar in the early session today as the latter has been trading broadly weaker in the wake of last week's sub-par US retail sales data.

KUALA LUMPUR, May 17 — The total global debt rose a record US$24 trillion in 2020, pushing global leverage up a staggering 34 percentage points to a new high of 366 per cent of gross domestic product (GDP).

KUALA LUMPUR, May 17 — The ringgit opened easier against the US dollar on Monday as the local currency continued to struggle amid concerns over the Covid-19 death toll, mobility restrictions and vaccination deployment, all of which have surfaced as short-term threats to the local economy.

PUTRAJAYA, May 10 — The economic sector recorded 177,900 job vacancies in the first quarter of 2021, up by 7.2 per cent as compared to the same quarter of the preceding year, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 10 — Malaysia’s gross domestic product (GDP) is likely to have grown by 0.5 per cent quarter-on-quarter in the first quarter of 2021 (Q1 2021), compared to the 0.3 per cent contraction seen in Q4 2020, said Moody's Analytics.

KUALA LUMPUR, May 10 — The ringgit has opened the week on a positive note, supported by a broadly weaker US dollar, higher oil prices and an enduring global economic recovery despite the "swing and a miss" on Friday's US jobs report, said an analyst.

KUALA LUMPUR, May 6 — The ringgit reversed its gains to open slightly lower against the US dollar today, as traders were seen adopting a wait-and-see approach due to the enforcement of the movement control order (MCO) 3.0, a dealer said.

KUALA LUMPUR, May 5 — The ringgit extended its gains against the US dollar for the second consecutive day, buoyed by the stronger Brent crude oil price, a dealer said.

KUALA LUMPUR, May 4 — The ringgit has opened stronger against the US dollar today, thanks to the rise in Brent crude oil price, dealers said.

KUALA LUMPUR, May 3 — Banks will remain cautious on loan approvals as approval rates fell to 40.6 per cent in the first quarter of 2021 compared to 44.1 per cent in the same period in 2020, said MIDF Research.

KUALA LUMPUR, April 27 — The Ministry of Rural Development has agreed to coordinate the distribution of dividends of RM189.08 million through the Rubber Industry Smallholders Development Authority (Risda) and Felcra Bhd, said Prime Minister Tan Sri Muhyiddin Yassin.