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Ringgit To See Tight Trading Amid Cautious Mode Next Week

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.

Gold Futures Likely To Remain In Cautious Trading Next Week

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.

APEC Must Set Gold Standard For Cooperation To Cope With Economic Shocks, Climate Challenges -- PM Anwar

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.

Gold Futures End Higher

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.

Ringgit Stages Rebound To Close Firmer Vs US Dollar

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.

Bursa Malaysia Ends Week On Softer Note, CI Below Key 1,600 Level

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. 

Rubber Market Ends Higher On Optimism Over China's Stimulus

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. 

Malaysia’s Removal From US Treasury Monitoring List Indicates Balanced, Transparent Policies – Economist

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.

Malaysia's Removal From US Currency Watch List Affirms Ringgit's Market-driven Status - BNM Governor

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.

MFA Leads Malaysian Franchise Delegation To MIHAS@Dubai To Boost Global Market Opportunities

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.

Bursa Malaysia Opens Higher On Renewed Buying Interest

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia’s key index opened higher today on renewed buying interest, bucking the weaker Wall Street overnight performance.

Ringgit Opens Marginally Higher Against US Dollar

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.