1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to experience cautious trading next week, following recent gains in the US dollar, an analyst said.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) -- In an era defined by rapid global disruptions from economic shocks to climate challenges, there is a need for a fundamental shift in the Asia-Pacific Economic Cooperation (APEC) on how it approaches economic cooperation that allows all economies, regardless of size, to thrive.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday on renewed buying interest despite persistent strength in the US dollar, tracking slight gains in the US COMEX gold market.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s removal from the United States Treasury’s (Treasury) monitoring list indicated that the country’s economic and foreign exchange policies are now viewed as balanced and transparent, said an economist.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The Malaysian Franchise Association (MFA) will lead 10 Malaysian franchise companies to participate in the “MIHAS@Dubai” programme organised by the Malaysia External Trade Development Corporation (MATRADE) from Nov 18-20 at the Dubai World Trade Centre.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia’s key index opened higher today on renewed buying interest, bucking the weaker Wall Street overnight performance.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit traded marginally higher at today’s opening today against the US dollar despite the strengthening of the US Dollar Index (DXY), said an analyst.