1y 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.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.
1y ago
TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its high-tech facility here today.
1y 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.
1y 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.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.
1y ago
By Karina Imran and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.