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Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

CPO Futures End Lower On Stronger Ringgit, High Stock Levels

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.

Gold Futures End Lower Despite Gains On US COMEX

KUALA LUMPUR, Feb 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite gains in the US COMEX gold market.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

Malaysia Positioned As Key Entry Point For India’s Regional Trade Expansion -- Academician

KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.

Gold, Silver Seen Bullish Despite Short-term Volatility -- MGA

KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Nuclear Energy Key To Meet Surging Global Power Demand -- Tech Futurist

HOUSTON, Feb 3 (Bernama) -- Nuclear energy should be part of the global solution to meet surging electricity demand while cutting carbon emissions, according to a technology (tech) futurist Pablos Holman.

Ringgit Opens Lower Against Greenback, Higher Vs Major Currencies

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies.

Ringgit's Appreciation 'Not Unexpected' As Malaysia's Economy Gets Stronger

SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.

Bursa Malaysia Poised For Constructive Upward Bias Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level. 

Ringgit To Hold Firm In 3.93-3.96 Range Versus US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.