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Ringgit Eases On Oil Surge, Iran War

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 9 (Bernama) -- The ringgit eased against the US dollar and other major currencies on Monday as heightened geopolitical risks strengthened the greenback after Brent crude oil prices surged sharply, with the local currency continuing to be affected by the ongoing war in Iran.

Malaysia’s Diverse Tourism Market Can Cushion Impact Of Middle East Conflict -- Hotels' Association

By Abdul Hamid A Rahman

KUALA LUMPUR, March 9 (Bernama) -- Malaysia’s diverse tourism market and growing sustainability focus within the hotel industry are expected to help cushion the impact of the ongoing conflict in the Middle East on the country’s tourism sector.

RON95 Can Hold At RM1.99 Amid Oil Price Surge But Fiscal Pressure May Rise, Says Economist

KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.

Ringgit Opens Lower As Oil Surge Boosts US Dollar

KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.

Heartwarming Skies As Aviation Steps Up To Rescue Stranded Passengers

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 8 (Bernama) -- Amid the ongoing conflict in the Middle East, which has thrown the aviation industry into chaos and left thousands of travellers stranded, it is heart-warming to see the global aviation community joining hands to evacuate passengers safely to their respective destinations.

Middle East Developments, US Economic Data to Guide Ringgit’s Direction Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 7 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week as market sentiment continues to be shaped by developments in the Middle East, while investors will also keep a close watch on the trajectory of crude oil prices and upcoming US economic data.

Ringgit Ends Higher Vs Major Currencies, Marginally Lower Against US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 6 (Bernama) -- The ringgit ended the week higher against most major currencies but edged slightly lower versus the US dollar as the greenback regained its strength on rising safe-haven demand amid the escalating Middle East conflict.

Unicharm Expands Women’s Empowerment Initiatives Across Three Markets

KUALA LUMPUR, March 6 (Bernama) -- Unicharm Corporation is accelerating its operations to bridge the global gender gap and foster sustainable economic growth, framing menstruation as a "structural social challenge" rather than a simple awareness issue.

Ringgit Opens Nearly Flat Against US Dollar Amid Cautious Fx Sentiment

KUALA LUMPUR, March 6 (Bernama) -- The ringgit was nearly flat against the US dollar at Friday’s open as foreign exchange sentiment stayed cautious amid no signs of the Middle East crisis easing over the past week.

Ringgit Ends Lower As Middle East Conflict Lifts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 5 (Bernama) -- The ringgit remained in a narrow trade and closed lower against the US dollar on Thursday, as heightened tensions in the Middle East weighed on market sentiment and supported the greenback.

Ringgit Edges Up Vs Greenback Ahead Of OPR Decision

KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.