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Business

Ringgit’s Strong Performance A Point Of Pride – Fahmi

20/04/2026 03:27 PM MUAR, April 20 2026 — The strong performance of the ringgit, which has put it as Asia’s best-performing currency for two consecutive years, is an achievement that .... read more

Huawei Cloud Strengthens Thailand’s Insurance Industry with Next-Generation Digital Technologies

BANGKOK, April 19, 2026 /PRNewswire/ — Huawei Cloud Thailand in collaboration with The Thai Life Assurance Association, hosted an executive forum bringing together more than 30 senior executives and technology .... read more

JustCo Enters Malaysia: Powering Malaysia’s Digital Future with Premium Flexible Workspace at Menara Hap Seng 3

KUALA LUMPUR, Malaysia, /PRNewswire/ — JustCo, Asia’s leading flexible workspace provider, today announced its strategic entry into the Malaysian market with the grand opening of JustCo Menara Hap Seng 3, .... read more

Malaysia Strengthens Economic Resilience Amid Global Uncertainty, Says Tengku Zafrul

KUALA LUMPUR, April 17 — Malaysia is not only focused on economic growth but is also actively strengthening a more resilient and diversified economic foundation to navigate global uncertainties, said .... read more

KUALA LUMPUR: The ringgit rose slightly against the United States (US) dollar today, supported by confidence that the second round of US-Iran talks could ease tensions along key global oil waterways. At 8am, the local currency rose to 3.9510/9570 against the US dollar from 3.9550/9600 at yesterday's close. Bank Muamalat Malaysia Bhd Chief Economist, Mohd Afzanizam Abdul Rashid, said the market is pinning its hopes on the second round of US-Iran negotiations which are expected to reopen the Strait of Hormuz and further defuse the conflict. He said inflation concerns, driven by war-related pressures on US firms and rising US Treasury yields, would ensure borrowing costs rose, as the US Federal Reserve (Fed) may be reluctant to lower interest rates. "The ringgit is projected to trade in a narrow range against the US dollar between RM3.95 and RM3.97 today," he told Bernama. At the time of writing, West Texas Intermediate and Brent crude oil prices both fell below US$100 per barrel, down 0.58 percent and 0.36 percent to US$90.76 and US$94.59 respectively. In the opening session, the local currency traded mixed against a basket of major currencies. The ringgit declined against the British pound to 5.3627/3708 from 5.3614/3682 at Wednesday's close, depreciated against the euro to 4.6649/6720 from 4.6594/6653, however strengthened against the Japanese yen to 2.4879/4918 from 2.4890/4923 previously. Meanwhile, the local currency was also traded mixed against ASEAN currencies. The local unit rose against the Singapore dollar to 3.1093/1143 from 3.1095/1139 at Wednesday's close, rose against the Indonesian rupiah to 230.4/230.9 from 230.7/231.0 and surged against the Philippine peso to 6.57/6.59 from 6.58/6.59 previously. However, the ringgit contracted against the Thai baht to 12.3415/3676 from 12.3098/3330 at yesterday's close., -- BERNAMA

RINGGIT RISES AGAINST US DOLLAR ON HOPES FOR US-IRAN TALKS

KUALA LUMPUR: The ringgit rose slightly against the United States (US) dollar today, supported by confidence that the second round of US-Iran talks could ease tensions along key global oil .... read more

CHARLOTTE, N.C., April 16 -- Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and regulatory filings yesterday. The company published its earnings release, supplemental financial information, and investor presentation on its official Investor Relations website. In addition, a Form 8-K containing the quarterly results has been filed with the U.S. Securities and Exchange Commission. Chair and CEO Brian Moynihan, alongside Chief Financial Officer Alastair Borthwick, is scheduled to discuss the results during an investor conference call held at 8:30 a.m. ET. The session includes a live audio webcast and presentation slides accessible via the company’s website, with replay options available through April 24. Bank of America remains one of the world’s largest financial institutions, serving nearly 70 million clients globally. The bank operates approximately 3,500 retail financial centers and around 15,000 ATMs across the United States, supported by a rapidly growing digital platform with approximately 59 million verified users. The company continues to maintain a strong presence in wealth management, corporate and investment banking, and global markets, serving corporations, governments, institutions, and individual clients in more than 35 countries. Its stock is listed on the New York Stock Exchange under the ticker symbol BAC. Further updates, including dividend announcements and corporate developments, are available through the company’s newsroom and investor communications channels. /PRNewswire/

BANK OF AMERICA REPORTS FIRST-QUARTER 2026 FINANCIAL RESULTS

CHARLOTTE, N.C., April 16 — Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and .... read more

MONTREAL, April 16 -- PMET Resources Inc. has announced the launch of a strategic testwork program with Koch Technology Solutions to evaluate advanced processing pathways for caesium at its flagship Shaakichiuwaanaan Project in Quebec, Canada. The initiative aims to convert pollucite concentrates—an ore rich in caesium—into high-value chemical products using proprietary recovery technologies developed by Koch Technology Solutions, part of Koch Inc.. The collaboration marks a significant step toward commercializing what PMET believes to be one of the world’s largest and highest-grade caesium discoveries. PMET’s Shaakichiuwaanaan Project, located in the James Bay region, already ranks among the largest lithium pegmatite resources globally. The site also hosts a substantial in-situ caesium resource, positioning the company as a potential key supplier of the rare and strategically important metal. CEO Ken Brinsden said the partnership is a critical milestone in unlocking the project’s full value. “This program represents a major step towards developing high-value caesium chemical products and strengthening our position in critical mineral supply chains, particularly in the United States,” he said. The testwork program, expected to run over the next four months, will assess multiple processing routes to produce value-added caesium compounds. These materials are widely used in defense, aerospace, energy systems, and advanced electronics—sectors experiencing growing demand for secure and reliable supply. Koch Technology Solutions’ Critical Minerals Business Leader, Garrett Krall, emphasized the technical collaboration. “This project reflects our ability to apply innovative process technologies to help unlock the value of critical mineral resources,” he said. The move comes as global interest in critical minerals intensifies, with governments and industries seeking to secure supply chains for materials essential to modern technologies. By advancing downstream processing capabilities, PMET aims to capture higher margins and strengthen its role in the global critical minerals market. The company noted that the program builds on ongoing efforts to explore commercial pathways following its caesium discovery, potentially creating a new high-value revenue stream alongside lithium production. /PRNewswire/

PMET LAUNCHES STRATEGIC CAESIUM PROCESSING PROGRAM WITH KOCH TECHNOLOGY SOLUTIONS

MONTREAL, April 16 — PMET Resources Inc. has announced the launch of a strategic testwork program with Koch Technology Solutions to evaluate advanced processing pathways for caesium at its flagship .... read more

Biodiesel B100 has the potential to be a strategic alternative for the country’s energy

KUALA LUMPUR: Palm-based B100 biodiesel has the potential to be a strategic alternative in strengthening the country’s energy security, especially in weathering the uncertainty of global fuel supply, said FGV .... read more

China International Battery Fair 2026 Shapes the Next Era of Battery Technology

SHENZHEN, China, April 13, 2026 /PRNewswire/ — The 18th China International Battery Fair (CIBF2026) is set to open on May 13–15 at the Shenzhen World Exhibition & Convention Center. This .... read more

ADX leads listed companies at Global Investors Roadshow in Hong Kong

ABU DHABI, UAE, April 13, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group and its listed companies are heading to Hong Kong for its annual Global Investor Outreach .... read more

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