Ringgit Opens Higher As US Dollar Slips After FOMC Minutes

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit extended its rally, opening slightly higher against the US dollar on Wednesday as the greenback weakened after the release of the Federal Open Market Committee (FOMC) meeting minutes overnight.

CPO Futures Close Higher On Expectations Of Softer Output, Rising Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by expectations of softer output and improving demand in the weeks ahead.

Ringgit Ends Firmer Vs US Dollar, Major Currencies 

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit ended slightly higher against the US dollar and other major currencies on Tuesday, driven by improved buying interest.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Dec 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, tracking the underlying cash market.

Rubber Market Ends Higher On Steady Oil, Mixed Regional Cues

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, supported by steady crude oil prices and mixed trends in regional rubber futures, a dealer said.

Late Buying Lifts Bursa Malaysia’s Key Index To Close Firmer 

By Anas Abu Hassan

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia’s barometer index ended firmer today, reversing losses earlier in the day to close 0.21 per cent higher -- a new high this year -- driven by late buying activities amid signs of year-end window dressing.

Penang Regional Development Authority Plans To Build 5,000 Houses In Five Years

TASEK GELUGOR, Dec 30 (Bernama) — The Penang Regional Development Authority (PERDA) plans to build 5,000 houses in Seberang Perai Utara over the next five years, with a development value exceeding RM1 billion for the people of Penang.

Malaysia's Inflation To Remain Low, Stable Ahead -- MBSB IB

KUALA LUMPUR, Dec 30 (Bernama) -- Malaysia’s inflation is expected to remain low and stable moving forward, although the expanded sales and service tax (SST) may introduce modest upward pressure, said MBSB Investment Bank Bhd (MBSB IB).

Scaling Malaysia’s Energy Roadmap Requires Sustained Investment, Resilient Infrastructure, Regional Collaboration -- TNB

KUALA LUMPUR, Dec 30 (Bernama) -- Scaling Malaysia’s energy roadmap will require sustained investment, resilient infrastructure and strong collaboration across utilities, policymakers, financiers and regional partners, including cooperation with ASEAN counterparts and global technology players.

Ringgit Continues Upward Momentum, Opening Slightly Higher

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit continues its upward momentum, opening slightly higher against the US dollar on Tuesday, as the greenback weakened ahead of the Federal Open Market Committee (FOMC) meeting minutes today.

CPO Futures Retreat As Market Weighs Rising Stockpiles

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday as the market remained wary of rising stock levels.

Bursa Malaysia’s Key Index Ends Higher Near 16-Month Peak

By Anas Abu Hassan

KUALA LUMPUR, Dec 29 (Bernama) -- Bursa Malaysia’s key index recovered from intraday losses to close 0.23 per cent higher on Monday, edging closer to a 16-month peak amid steady institutional demand.