1y ago
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election which will be held on Nov 5.
1y ago
KUALA KANGSAR, Oct 27 (Bernama) -- Malaysia’s application to become a BRICS partner has received strong and solid support from all BRICS members including Russia, China and India during a meeting of the eight founding members of the bloc.
1y ago
KUALA LUMPUR, Oct 26 (Bernama) -- The Youth Economic Forum (YEF) 2024, which gathered over 1,200 delegates today, has provided a platform for young professionals, universities and college students to engage in discussions about Malaysia's evolving economic landscape, focusing on digital and green economy, as well as talent development.
1y ago
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range on cautious mode amid geopolitical uncertainties, said an analyst.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as investors brace for heightened volatility ahead of the US presidential election.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, said an analyst.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended its positive momentum to close higher against the US dollar today following weaker demand for the greenback.
1y ago
KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to strengthen by five per cent if the current United States (US) Vice President Kamala Harris is elected as US President before the end of the year, said Allianz SE chief economist Ludovic Subran.