KUALA LUMPUR, March 16 ― The ringgit opened easier against the US dollar today, extending last Friday’s losses amid rising fears on Covid-19 outbreak as well as a decline in global crude oil prices, said a dealer.

KUALA LUMPUR, March 13 — Tabung Haji (TH) has announced a profit distribution after zakat (tithe) of 3.05 per cent for the 2019 financial year (FY2019), with a payout totalling RM2.1 billion compared with RM913 million distributed in FY2018.

NEW YORK, March 13 — Policymakers and government leaders have taken a range of approaches to deal with the economic fallout from the coronavirus.

KUALA LUMPUR, March 13 — The ringgit continued its downtrend to trade lower against the US dollar in the early session today, with more investors turning to safe-haven currencies due to emerging concerns over the Covid-19 outbreak, dealers said.

KUALA LUMPUR, March 12 — The ringgit retreated slightly from yesterday’s gains to trade moderately lower against the US dollar in the early session today as heightened concerns about the Covid-19 pandemic drove investors away from riskier assets, dealers said.

KUALA LUMPUR, March 11 — The ringgit extended yesterday’s losses to trade lower against the US dollar in the early session today, as more investors abandoned emerging currencies including the ringgit amid persistent concerns over the Covid-19 outbreak, dealers said.

KUALA LUMPUR, March 11 — Shares on Bursa Malaysia were higher at the opening on improved market sentiment from the downtrend caused by the sharp slump in oil prices, amid the ongoing Covid-19 fear.

SYDNEY/HONG KONG, March 10 — Asian stocks bounced, and bond yields rose from record lows on Tuesday on hopes that global policymakers would introduce co-ordinated stimulus to cushion the economic impact of a coronavirus outbreak.

KUALA LUMPUR, March 10 — Despite fears of another potential oil crash, the current low oil price environment which resulted from Saudi Arabia’s retaliation against Russia’s decision to opt out of production cuts will not prolong, said MIDF Research.

TOKYO, March 9 — Oil prices plummeted around 30 per cent on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month, starting a price war even as spread of the coronavirus erodes global demand growth.

KUALA LUMPUR, March 9 — Foreign funds reduced their net exposure in Malaysian equities by RM1.19 billion last week, MIDF Research said, citing stock exchange data.

TOKYO, March 9 — Japan's economy shrank more than initially estimated in the fourth quarter - by the most since the 2014 sales tax hike - exacerbating fears for economic prospects at a time when the impact of the coronavirus outbreak is increasing recession risk.

KUALA LUMPUR, March 6 — The wider and prolonged global spread of Covid-19 will cause an economic fallout in the Asia-Pacific region, according to S&P Global Ratings.

KUALA LUMPUR, March 4 — The ringgit rebounded from yesterday’s losses against the US dollar to open higher on Wednesday.

KUALA LUMPUR, March 3 — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50 per cent at its meeting today.

KUALA LUMPUR, March 3 — The residential property sector is not expected to be as badly impacted as tourism or foreign direct investments by the prolonged Covid-19 outbreak, says PropertyGuru.

KUALA LUMPUR, March 3 — The ringgit extended yesterday's uptrend to open higher against the US dollar Tuesday, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting today, with the market expecting a 25 basis point cut in interest rates today.

BENGALURU, March 3 — Honda Motor Co Ltd will temporarily cut back production in Japan due to difficulty in sourcing parts from China amid the coronavirus outbreak, Nikkei Asian Review reported on Monday citing sources at auto parts suppliers and dealers.

WASHINGTON, March 3 — The International Monetary Fund and the World Bank on Monday said they stood ready to help member countries address the human and economic challenges of the fast-spreading coronavirus outbreak, including through emergency funding.

KUALA LUMPUR, March 2 — Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns.