Ringgit Opens Higher Against US Dollar As US-China Trade Tensions Ease

By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed

KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.

Ringgit Weakens Against US Dollar, Gains Versus Other Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.

Rubber Market Ends Higher Amid Easing US-China Trade Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 13 (Bernama) -- The Malaysian rubber market ended higher today, supported by the upward momentum in regional rubber futures markets, driven by improved global sentiments as a result of the de-escalation of trade tensions between the United States (US) and China, a dealer said.

Malaysian Rubber Market Ends Higher On Crude Oil Gains

KUALA LUMPUR, May 8 (Bernama) -- The Malaysian rubber market closed slightly higher, supported by gains in crude oil prices, said a dealer.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.

Ringgit Opens Slightly Firmer Against US Dollar Amid Global Uncertainty

KUALA LUMPUR, May 2 (Bernama) -- The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said.

Malaysian Rubber Market Ends Mixed Ahead Of Labour Day Holiday

KUALA LUMPUR, April 30 (Bernama) -- The Malaysian rubber market closed mixed today in tandem with regional rubber futures markets, said a dealer.

Bursa Malaysia Ends Little Changed On Subdued Trading

By Siti Radziah Hamzah

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst. 

Rubber Market To Remain Quiet With Downward Bias Next Week Amid Global Uncertainties

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 19 (Bernama) -- The Malaysian rubber market is expected to remain quiet next week, with a downward bias amid ongoing global uncertainties, said industry expert Denis Low. 

Rubber Market Extends Lower Downtrend, Tracking Weaker Regional Futures

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 16 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by losses in regional rubber futures markets, sparked by fears of escalating global trade war, a dealer said.

Rubber Market Ends Higher On Concerns Over Raw Material Shortage

KUALA LUMPUR, April 14 (Bernama) -- The Malaysian rubber market ended higher today, supported by ongoing concerns over raw material supply shortage due to weather conditions and wintering in major natural rubber (NR) producing countries, a dealer said. 

Local Rubber Market Rebounds After Four-day Slump On US Tariff Pause

KUALA LUMPUR, April 10 (Bernama) -- The Malaysian rubber market ended a four-day losing streak on Thursday, closing higher in line with regional rubber futures markets.