◉ HEADLINES

USD

Ringgit up on 13MP optimism, Fed holds rate steady

Local note strengthens to 4.2370/2570 against USD from yesterday’s close of 4.2410/2455

Ringgit opens on cautious note ahead of Fed rate outcome

Local note opens slightly higher at 4.2300/2400 against USD from yesterday’s close of 4.2320/2365

Ringgit rebounds amid hopes of US-China tariff truce

Local note opened higher at 4.2140/2460 against USD today compared to yesterday’s close of 4.2275/2345

Ringgit gains as US tariff signals remain unclear

Local note opens at 4.2230/2450 against greenback, compared to yesterday’s close of 4.2320/2365 

Ringgit rises on 4.5% Q2 GDP estimate, sentiment cautious

Local note opens higher at 4.2330/2540 against USD, compared to Friday’s close of 4.2410/2455

◉ Popular

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Short-lived La Niña expected in early 2026, but stable weather to follow

MetMalaysia forecasts cool conditions and brief shifts in rainfall patterns before returning to normal

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period