Latest news and updates in one fast feed
The ringgit's weakness was largely driven by broader risk aversion, particularly as investors pulled back from AI-related investments, says analyst.
Also reported by New Straits Times
KUALA LUMPUR: The ringgit eased against the US dollar today amid a pullback in global artificial intelligence (AI)-related trades and investments.
At 6pm, the local note slipped to 4.0735/4.0775 against the greenback from yesterday’s close of 4.0695/4.0735.
SPI Asset Management managing partner Stephen Innes said the ringgit's weakness was largely driven by broader risk aversion, particularly as investors unwound AI-related investments.
6 stories on this topic from 3 sources, oldest first.
AI summary Jabatan Akauntan Negara mencatat lebih RM14 bilion Wang Tak Dituntut sehingga 30 September, menurut Menteri Kewangan II Amir Hamzah Azizan. Kurangnya kesedaran awam dan maklumat…
AI summary Satu perjanjian reformasi dijangka melibatkan 47 organisasi, termasuk pembangkang, yang menuntut had 10 tahun bagi perdana menteri, pemisahan peguam negara, dan pelbagai akta…
AI summary The government will gazette the remaining RM900 million of Sabah’s special grant by year‑end, after the initial RM600 million was paid on June 12, with the balance released once…
AI summary Han Hak-ja, 83, had her bail revoked after visiting the Unification Church headquarters, violating the condition that she stay at a Seoul hospital.
AI summary A young man in his early 20s was killed in Banting after being attacked by a group of men, and police arrested three men in their 30s for investigation.
AI summary MP Suhaimi Nasir questioned whether the RM80 billion in 2027 subsidies, including RM40 billion for fuel, adequately target low‑income households, urging income‑based mechanisms…
AI summary Malaysia's 55 universities entered QS Asia 2027, with 11 in the top 100, led by private institutions.
AI summary Kelantan's state government introduced an anti-corruption plan and whistleblower policy to improve transparency and governance.
AI summary Midterm elections begin amid high inflation, with voters in several states concerned about rising living costs and the Trump administration's policies.
AI summary Umno secretary-general Datuk Dr Asyraf Wajdi Dusuki stated that public donations for former prime minister Najib Razak's fine are ongoing but have not yet met the target. He…
