By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today in view that production may have reached its seasonal peak, a palm oil trader said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, lifted by ongoing concerns over natural rubber (NR) supply in Thailand, the world’s largest rubber producer, a dealer said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit extended its gains to close marginally higher against the US dollar on Friday on the rising expectations for a cut in US interest rates in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit snapped its three-day winning streak to close lower against the US dollar as well as other major and regional currencies on Wednesday, amid profit-taking by traders.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as the greenback weakened on dovish remarks by US Federal Reserve (Fed) officials.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit rose against the US dollar on Monday, supported by improved sentiment as diminished expectations for a December United States interest rate cut alleviated pressure on emerging-market currencies.
From Fatin Umairah Abdul Hamid
ISTANBUL (TÜRKIYE), Nov 17 (Bernama) -- AirAsia X (AAX) is exploring plans for several additional European destinations, targeted for launch next year, said its chief executive officer, Benyamin Ismail.
From Fatin Umairah Abdul Hamid
ISTANBUL (TURKIYE), Nov 17 (Bernama) -- AirAsia X’s (AAX) inaugural flight to Istanbul, Turkiye, recorded strong demand in both directions, with the outbound Kuala Lumpur flight operating at 81 per cent capacity and the return flight nearly 89 per cent full.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist.
