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Ringgit Bounces To Fresh 14-month High As US Dollar Weakens On Expected Rate Cut

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Bursa Malaysia Slips At Midday On Selective Profit-taking

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.

Malaysia Expected To Achieve 49 Pct Of SDG Targets By 2030 -- Hanifah Hajar

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia is expected to achieve 49 per cent of the 169 Sustainable Development Goals (SDG) targets by 2030 based on analysis of 2023 data, according to Deputy Economy Minister Datuk Hanifah Hajar Taib.

Bursa Malaysia Opens Higher In Sync With Wall Street Gains

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.

Ringgit A Tad Higher As Soft US Data Strengthens US Rate Cut Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.

FBM KLCI Futures End Lower

KUALA LUMPUR, Dec 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed lower today.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Committed To RON95 Targeted Subsidy, Rejects World Bank Proposal - Anwar

KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.

Maybank IB Upgrades Banking Sector Outlook To Positive For 2026

KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.

Ringgit Strength Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia opened higher today despite the weaker performance on Wall Street, supported by the stronger ringgit which continued to lift investor sentiment.

CPO Futures End Lower amid Weak Export Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, pressured by concerns over weak export performance, said palm oil trader David Ng.

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.