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Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

Local Tech Industry Hails Anuar Fariz’s Appointment To Spearhead MDEC

KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.

Kenanga Expects Stable 3.0 Pct OPR In 2025

KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

Middle East Tensions To Sustain Interest In Gold Futures Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.

CPO Futures Close Higher Amid Rising Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday amid rising crude oil prices, a dealer said.

Gold Futures End Higher Spurred By Safe-Haven Demand

KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.

Ringgit Reverses Recent Losses To Close Slightly Higher Vs US Dollar

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses.

Bursa Malaysia Lower At Midday, Tracking Weaker Regional Market

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring the weaker performance in the regional markets as sentiments remained cautious due to the Middle East tensions, said an analyst.

Ringgit Opens Higher vs Greenback AS Investors Await NFP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

CPO Futures Close Mostly Lower On Profit-taking After Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.