ICHAM Unveils Asia’s First Open-Ended Autocall Fund For Accredited Investors

KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.

Ringgit Opens Higher Vs Greenback Ahead Of BNM Policy Meeting, US Non-farm Payrolls

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday. 

Ringgit Likely To Trade Sideways With Upside Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.

Ringgit Closes Lower Against Greenback Ahead Of US Inflation Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit closed lower against the US dollar on Friday as traders turned cautious ahead of the United States (US) Personal Consumption Expenditures (PCE) data to be released later tonight. 

Ringgit Extends Gain To Open Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.

Ringgit Stages Rebound To End Higher Against Greenback Ahead Of US Inflation Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit snapped a two-day losing streak to end higher against the greenback on Thursday on rising bets for an interest rate cut in the United States next month and ahead of a key US inflation report tomorrow.

Ringgit Opens Flat Amid Cautious Economic Sentiment

By Zarul Effendi Razali

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened flat against the greenback on Thursday as investors await fresh leads ahead of key US inflation data.

Ringgit Ends Lower Against Greenback Ahead Of US Inflation Data This Friday

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data.

Ringgit Opens Higher On US Rate Cut Expectations

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.

Ringgit Slips Against Greenback On Profit-Taking Ahead Of US Economic Data Release

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.

Ringgit Slips Against Greenback On Profit-Taking Ahead Of US Economic Data Release

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.

Ringgit Opens Lower Vs Greenback As DXY Gains

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened slightly weaker against the US dollar on Tuesday, pressured by profit-taking, as the US Dollar Index (DXY) rose 0.73 per cent to 98.430.