1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 2 (Bernama) -- The Kuala Lumpur rubber market sustained its upward momentum on Wednesday to close higher, in line with gains in regional rubber futures markets and crude oil prices, despite the absence of Chinese players, said a dealer.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit took a breather from recent gains to open lower against the US dollar today, weighed by a risk-off sentiment amid heightened global geopolitical tension, an analyst said.
1y ago
SHAH ALAM, Oct 1 (Bernama) – Adopting the right narrative and the courage to make some tough decisions has contributed to the ringgit’s rise to become the world's best-performing currency against the US dollar.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.
1y ago
PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- Astro Malaysia Holdings Bhd's net profit soared by 132.3 per cent to RM54.71 million in the second quarter ended July 31, 2024 (2Q 2025) from RM23.65 million a year ago.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday due to an uptrend in the regional rubber futures market and gains in benchmark crude oil prices amid mixed Chinese economic data, a dealer said.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.
1y ago
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The local rubber market is expected to trade at equilibrium with supply and demand dynamics off-setting each other as trading activities will be curtailed to a certain extent due to the coming Golden Week holidays in China, said industry expert Denis Low.