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KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today, supported by positive external developments mainly on the de-escalation of the United States and China trade brawl, dealers said.
KUALA LUMPUR: Bank Negara's international reserves rose US$400mil to US$103.5bil as at Aug 30, 2019, from RM103.1bil on Aug 15.
KUALA LUMPUR: RHB Research Institute maintained its neutral stance on banks after the release of the second quarter results while its top picks were CIMB, Hong Leong Bank and BIMB.
KUALA LUMPUR: Bank Negara Malaysia is finalizing revisions to guidelines against money laundering and terrorism financing.
KUALA LUMPUR: Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need.
PUTRAJAYA (Bernama): The Court of Appeal has dismissed an appeal by Prime Minister Tun Dr Mahathir Mohamad to reinstate his lawsuit in which he sought a declaration to invalidate a Royal Commission of Inquiry (RCI) report into foreign exchange losses suffered by Bank Negara Malaysia (BNM) in the 1990s.
KUALA LUMPUR: The general insurance industry is set to witness challenges ahead after recording a 1.4 per cent drop in gross direct premiums to RM8.915 billion in the first half of 2019 (1H19).
KUALA LUMPUR: RHB Bank Bhd hopes to complete the proposed disposal of its insurance arm to Tokio Marine Asia Pte Ltd by the end of the first quarter next year (Q1 2020).
KUALA LUMPUR: The ringgit is expected to hover at RM4.20 against the US dollar in the third quarter of this year (Q3 2019), before rebounding to RM4.15 by year-end, AllianceDBS Research said on THursday.
KUALA LUMPUR: The ringgit opened lower on lack of demand for the local note with investors staying on the sidelines ahead of Bank Negara Malaysia’s (BNM) second-quarter gross domestic product (GDP) announcement tomorrow.