The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Ringgit’s recent rise beneficial for Malaysia, but yet to reach fair value

(Oct 4): Asian currencies are set for their worst week in more than a year, as traders pare bets on aggressive US Federal Reserve interest-rate cuts.

Asian currencies set for worst week in year as Fed cut bets pared

The yen suffered its biggest drop in more than two years and hit its weakest level in a month versus the dollar after Japan’s new prime minister, Shigeru Ishiba, jolted currency markets by saying the economy isn’t ready for another interest-rate hike.

Yen closes out worst day since 2022 as rate-hike hopes dim 

Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.

Govt’s strong narrative positions ringgit as world's best-performing currency, says Rafizi

BMI, a unit of the Fitch group, has revised its year-end forecast for the ringgit from 4.55 against the US dollar to 4.0, reflecting the local currency’s robust performance in the third quarter of 2024 (3Q2024).

BMI raises USD-MYR forecasts to 4.0 this year, 3.55 in 2025, on narrowing yield differentials, resilient growth

The Malaysian ringgit may be heading towards its strongest level in nearly four years thanks to the narrowing interest rate and weakening greenback, said MIDF Amanah Investment Bank.

MIDF sees ringgit strengthening to 4.03 against USD, inflows to boost stocks

The rally in Malaysia’s ringgit, which climbed to a three-year high this week, is likely to last given the nation’s favourable economic outlook and reforms, according to the central bank.

BNM sees ‘enduring support’ for ringgit

The euro dropped against the dollar on Monday as business activity reports for the eurozone economy disappointed, briefly extending declines after US data showed activity there held steady, and ahead of a flurry of Federal Reserve (Fed) speakers this week.

Euro slumps, dollar index edges higher after PMI data

Goldman Sachs Group Inc has lowered its forecasts for the dollar against a wide range of currencies after the Federal Reserve (Fed) slashed interest rates.

The bank expects the greenback to gradually weaken as lower US yields diminish its appeal.

Goldman lowers dollar forecasts after Fed rate cut

The Malaysian ringgit is poised to extend its rally after what’s likely to be its best quarter since 1973, if the outlook for interest rates is any guide.

The ringgit has risen more than 12% against the dollar so far this quarter, making it the best performing emerging-market currency.

Ringgit’s best quarter in 50 years has traders baying for more

Thailand’s baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation’s key tourism and export industries.

Baht’s biggest rally since 1998 threatens Thailand’s tourism, exports

Asian currencies advanced to the strongest level in more than a year after the Federal Reserve kicked off policy easing and signaled further interest-rate reductions this year.

Asian currencies hit 14-month high as US Fed cuts interest rates

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the US central bank's 2% annual target.

Dollar drops as US Fed cuts rates by half a percentage point

The dollar hovered near its lowest levels of the year on Tuesday, a day before the expected start to a US easing cycle that markets are wagering may begin with an outsized rate cut.

Dollar dragged by 50 bps Fed cut wagers

Australia has long been synonymous with world-class education and its main cities have consistently ranked among the most liveable in the world. Sydney, the capital of New South Wales, and Melbourne, the capital city of Victoria, are among some of the best student cities globally.

Taking on the global cities of Sydney + Melbourne

Taman Subang Ria: A Lush Oasis in Subang Jaya Where Nature and Community Thrive

It was a momentous occasion for HSBC as we commemorated our 140-year anniversary in Malaysia with distinguished guests, including YAB Dato' Seri Anwar bin Ibrahim, the Prime Minister of Malaysia. The celebration in Kuala Lumpur, which brought together key stakeholders and longstanding customers, reinforced the country's significance in our ASEAN expansion strategy.

140 Years and Beyond with Malaysia

Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the Wall Street Journal reported on Saturday.

Chinese hackers breached US court wiretap systems, WSJ reports

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the Financial Times reported on Sunday.

TotalEnergies considers foray into copper trading — report

More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.

Singapore ends 181 years of horse racing to make way for homes

Vietnam reported its strongest economic growth in two years in the quarter to end-September, as strong exports and industrial production and rising foreign investment offset the effects last month of Asia's strongest typhoon so far this year.

Vietnam quarterly growth hits two-year high on exports, investment

The development of stronger cyber security infrastructure as well as tax relief incentives for companies that invest in digital infrastructure are among aspects that the government is expected to focus on in Budget 2025.

Infrastructure development, tax relief needed to boost cyber security — experts 

Malaysia should prioritise investments in agricultural technology (agritech) in Budget 2025 to attract diverse investors, particularly family offices, said an economist.

Priotitise agritech investments under Budget 2025 to draw high-net-worth investors — economist

Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.

Italy's Eni in talks with Japan on supplying LNG, executive says