1h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 next week as the market anticipates more catalysts, including the upcoming US economic data.
1d ago
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback.
1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday tracking losses in the US COMEX gold market.
1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.
1d ago
KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.
2d ago
KUALA LUMPUR, Feb 4 (Bernama) -- Guided by national interests, Malaysia will continue to aggressively explore market and trade opportunities with new countries while maintaining existing good relations with the United States and China, said Prime Minister Datuk Seri Anwar Ibrahim.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
9d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has forecast a milder contraction in media advertising expenditure (adex) this year, supported by a low base effect and increased marketing activity surrounding major sporting events.
9d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.
10d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
10d ago
GEORGE TOWN, Jan 27 (Bernama) -- The federal government’s move to position Penang Port, anchored by Swettenham Pier Cruise Terminal (SPCT), as the main homeport for the northern region is expected to elevate Penang’s role within Malaysia’s maritime ecosystem and strengthen regional economic connectivity.