1d ago
KUALA LUMPUR, July 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its Monetary Policy Committee meeting on July 9, with the balance of risks tilted towards one cut, said RHB Investment Bank (RHB IB).
2d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed firmer today, supported by growing market confidence over potential interest rate cuts by the US Federal Reserve.
2d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.
3d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.
4d ago
KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, supported by continued buying in selected heavyweights amid optimism over the economic outlook, an analyst said.
4d ago
KUALA LUMPUR, July 1 (Bernama) -- The ringgit extended its upward trend at Tuesday’s open, buoyed by persistent weakness in the US dollar.
7d ago
KUALA LUMPUR, June 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade range-bound next week as the precious metal finds itself caught between opposing forces, said an analyst.
7d ago
KUALA LUMPUR, June 28 (Bernama) -- The ringgit is expected to trade firmer next week following the US labour market data, an analyst said.
9d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 26 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday as it settled into a holding pattern following the easing of Middle East tensions but remains well supported on dips, said SPI Asset Management managing partner Stephen Innes.
9d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 26 (Bernama) -- The ringgit extended its gains against the greenback at the close on Wednesday, as US President Donald Trump ramped up pressure on the US Federal Reserve (Fed) to cut interest rates.
9d ago
KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia ended today’s morning session firmer, with the benchmark index rising 0.34 per cent, tracking the upbeat mood in most regional markets.
9d ago
By Anas Abu Hassan and Danni Haizal
KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia opened marginally higher on Thursday, tracking mixed signals from Wall Street’s overnight performance amid a cautious market tone, an analyst said.