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KUALA LUMPUR, April 29 (Bernama) -- The ringgit continued its uptrend in early trade on Tuesday, strengthening against the US dollar on buying interest in the local note, amid a decline in the US Dollar Index (DXY).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 26 (Bernama) -- The ringgit is expected to hover within a tight range of RM4.37 to RM4.38 next week, as markets focus on a series of key US data releases, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia extended its uptrend for a third consecutive day on Friday, closing higher on renewed buying interest amid positive regional market performance due to potential de-escalating US-China trade tensions.
KUALA LUMPUR, April 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Friday, as the greenback reacted to growing prospects of a lower US Federal Reserve interest rate.
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
KUALA LUMPUR, April 22 (Bernama) -- OCBC Bank (Malaysia) Bhd has revised Malaysia’s gross domestic product (GDP) growth for 2025 to 4.3 per cent from 4.5 per cent on a weaker external demand outlook.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, tracking gains on COMEX, as investors sought safe-haven assets amid concerns over global political and economic stability, according to SPI Asset Management managing director Stephen Innes.
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.
KUALA LUMPUR, April 17 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies.
By Siti Noor Afera Abu
KUALA LUMPUR, April 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, driven by expectations of US interest rate cuts and rising concerns over the stability of the US bond market.
