ART Will Only Come Into Force After Malaysia, US Exchange Notices

KUALA LUMPUR, Feb 4 (Bernama) -- The Agreement on Reciprocal Trade (ART) will only enter into force after Malaysia and the United States exchange written notices pursuant to Article 7.2 of the ART.

Ringgit Eases Vs US Dollar, Up Against ASEAN Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit eased against the US dollar at the close on Wednesday, but remained steady, supported by improving business indicators across Asia, including Malaysia.

Malaysia Aggressively Exploring Trading Opportunities With New Countries - PM Anwar

KUALA LUMPUR, Feb 4 (Bernama) -- Guided by national interests, Malaysia will continue to aggressively explore market and trade opportunities with new countries while maintaining existing good relations with the United States and China, said Prime Minister Datuk Seri Anwar Ibrahim.

Rubber Ends Higher, Tracking Gains In Regional Futures

KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market ended higher, supported by gains in regional rubber futures amid concerns over lower production in major natural rubber-producing countries, a dealer said.

Bursa Malaysia Opens Higher Despite Lower Wall Street

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance. 

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

Malaysia Positioned As Key Entry Point For India’s Regional Trade Expansion -- Academician

KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.

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.

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.

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.

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.