11m ago
By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran
KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.
11m ago
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
11m ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
11m ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit opened higher against the US dollar at today’s opening as the US Dollar Index (DXY) fell further with the US labour market indicating a weaker outlook, an analyst said.
11m ago
KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar as the United States (US) has paused import tariff hike on Canada and Mexico, coupled with softer US economic data, said an analyst.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened slightly lower against the US dollar due to the rise in the US Dollar Index (DXY) after President Donald Trump issued an executive order to raise import tariffs, said an analyst.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to show a downside bias next week, amid sluggish export demand, according to palm oil dealer David Ng.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Friday, taking the cue from steady benchmark crude oil prices and concerns over natural rubber supply shortages due to wet weather in major producing countries, a dealer said.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.
11m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Monday due to expectations of weaker output, said palm oil dealer David Ng.