Rubber Ends Lower, Tracking Mixed Trends In Regional Future, Crude Oil Prices
KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, driven by mixed signals from regional futures and crude oil prices, a dealer said.
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Gold, Silver Seen Bullish Despite Short-term Volatility -- MGA
KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.
Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari
KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
Bursa Malaysia Stays Higher At Mid-morning On Buying Activities
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia stayed higher at mid-morning, supported by buying in selected heavyweights, led by financial services as well as telecommunications and media counters.
Ringgit's Appreciation 'Not Unexpected' As Malaysia's Economy Gets Stronger
SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
Bursa Malaysia Poised For Constructive Upward Bias Next Week
By Karina Imran
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level.
Ringgit To Hold Firm In 3.93-3.96 Range Versus US Dollar Next Week
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.
Gold Futures Expected To Ease Next Week On Firmer US Dollar Sentiment
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid firmer US dollar sentiment.
Sri Lankan FitsAir To Increase Malaysia Flights To Four-Weekly By End-March
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 30 (Bernama) -- Sri Lanka’s low-cost carrier and the first privately-owned international airline FitsAir plans to increase its weekly flight frequency to Malaysia to four from three by the end of March this year.
Gold Futures End Lower, Tracking Loss On US Comex
KUALA LUMPUR, Jan 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled lower today, mirroring losses on the United States Comex as a firmer US dollar weighed on bullion prices.
Ringgit Closes Lower Amid US FED Leadership Speculations
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
Xi Jinping, Keir Starmer Seek Reset In China–UK Ties After Eight-Year Hiatus
KUALA LUMPUR, Jan 30 (Bernama) -- Chinese President Xi Jinping met British Prime Minister Keir Starmer in Beijing, marking the first visit by a United Kingdom (UK) prime minister to China in eight years.