By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia pulled back on Monday as investors took profit on selected heavyweights, capitalising on Friday’s sharp rally to lock in short-term gains.
By Anas Abu Hassan
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
By Siti Radziah Hamzah
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).
KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia opened slightly lower on Thursday as investors remained cautious ahead of the 13th Malaysia Plan (13MP) announcement later today, and after the United States Federal Reserve (Fed) signalled a prolonged pause in interest rate cuts.
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses from overnight Wall Street performance as profit-taking emerged ahead of the United States (US) Federal Reserve (Fed) interest rate cut decision later today.
KUALA LUMPUR, July 30 (Bernama) -- The ringgit was little changed against the US dollar on Wednesday morning as traders adopted a wait-and-see approach ahead of the Federal Open Market Committee (FOMC) meeting, which will be unfolding tonight, said an analyst.
FRANKFURT, July 24 (Bernama-dpa) -- The European Central Bank (ECB) is set to decide on interest rates in the eurozone on Thursday afternoon, reported German news agency dpa.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives settled higher on Wednesday, buoyed by a softer US dollar and easing United States (US) Treasury yields, said an analyst.
