Banking and Finance
BNM Governor Unveils Bold Vision for Future of Finance at MyFintech Week 2025
AI, Open Finance, and Tokenisation Among Key Regulatory Priorities as Malaysia Pushes for Inclusive, Resilient Growth
Category: Currency
Blockchain
BlockchainCert.my Named Official Platform for Elite Investor Certifications in YDM-Cradle Initiative
BlockchainCert.my will issue Elite Investor Certifications under a YDM and Cradle Fund initiative via Zenith Network.
Business News
Ringgit Strengthens on Hopes of US Trade Deal and Regional Optimism
The ringgit strengthened against the US dollar due to optimism about a potential trade deal with the US and regional economic prospects.
Cryptocurrency
US House Passes Landmark Stablecoin Bill, Sends Crypto Framework to Trump for Approval
The U.S. House passed a stablecoin regulatory bill, alongside two others, marking a significant political and regulatory development in cryptocurrency.
Banking and Finance
Singapore clamps down on crypto exchanges after scandals
Singapore mandates licenses for overseas-serving crypto exchanges by June 30, citing money laundering risks and regulatory concerns, following recent scandals.
Business News
China’s Forex Reserves Rise to $3.2853 Trillion in May 2025, Up 0.11% from April
China's foreign exchange reserves hit $3.2853 trillion in May 2025, up $3.6 billion (0.11%) from April, driven by currency translation
Business News
NEW: The U.S.-China Currency Clash – A Battle for Economic Supremacy
The U.S.-China economic conflict centers on currency manipulation, with Trump pushing for a stronger yuan while considering a weaker dollar, complicating trade dynamics.
Business News
Ringgit To Continue Facing Volatility Amid Global Trade Concerns
The Malaysian ringgit weakened due to US-China trade tensions, affecting exports and economic outlook, despite potential recovery from Federal Reserve rate cuts.
Business News
Ringgit Strengthened in March 2025 Despite US Market Volatility
In March 2025, the ringgit rose 0.6% against the US dollar, marking three months of gains, with positive future forecasts due to economic stability.
Business News
Trump’s Plan to Devalue the Dollar: Strategy, Risks, and Global Reactions
The “Mar-a-Lago Accord” seeks to devalue the U.S. dollar to boost manufacturing and reduce trade deficits, facing significant challenges and uncertainties.
Business News
The Ringgit depreciated vs USD
The Ringgit deprecated and is expected to face continued uncertainty but read more on the global economic review
Business News
Ringgit weakened in December but to appreciate this year
Ringgit weakened against USD in Dec-24 but gained against trading partners, expected to gradually appreciate to RM4.23 in 2025.
Business News
What to make of Trump’s threat of 100% tariffs on BRICS nations
Donald Trump’s threat to impose 100% tariffs on BRICS countries if they attempt to create a currency rival to the US dollar is a…
Banking and Finance
BNM Governor: Malaysia’s US Watch List Exit Strengthens Ringgit’s Market-Driven Status
Malaysia’s removal from the US currency watch list reaffirms the ringgit’s market-driven status, boosted by strong domestic growth and policy reforms.
Banking and Finance
Bank Negara Governor Highlights Ringgit’s Strength Amid Narrowing US-Malaysia Rates Gap
Bank Negara Malaysia foresees a resilient ringgit supported by narrowing US-Malaysia rates gap, strong domestic growth, reforms, and strategic forex initiatives.
Business News
Ringgit Shows Modest Strength Against US Dollar
The ringgit opens slightly stronger against the US dollar, despite global market volatility, with mixed performance against other major currencies and ASEAN counterparts.