Malaysia News Today

• Malaysia share prices opened higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 2.90points to 1,798.75.

• The ringgit extended yesterday’s rally against the US dollar on continued buying interest.

• Malayan Banking Bhd (Maybank) was ranked one of the "Top 100 Global Bank Brands", with a brand rating of AA+ in 2015, moving up to 91st position from 93rd in 2014.

• Foreign funds bought back Malaysian equity last week after two weeks of relatively intense selling, despite rating agency Fitch raising the odds that it may downgrade the country's sovereign rating.

• Fordington Pte Ltd has extended the closing date for the unconditional take-over offer for Yokohama Industries Bhd from March 25 to April 8.