Ringgit Opens Higher But Remains Under Pressure, Geopolitical Risks Lift US Dollar

KUALA LUMPUR, March 4 (Bernama) -- The ringgit opened slightly higher against the US dollar today but is expected to remain under pressure amid mounting geopolitical tensions, with traders continuing to favour the greenback as a safe-haven asset.

European Markets Fall As Middle East Tensions Escalate

BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.

Rubber Market Ends Higher On Surging Oil Prices, Supply Concerns

By K. Naveen Prabu

KUALA LUMPUR, March 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today,  supported by a sharp jump in crude oil prices.

US-Iran Tensions May Drive Global Gold Prices Towards US$5,500 Per Ounce - Analyst

By Danni Haizal Danial Donald

KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.

CIMB Treasury And Markets Research Expects BNM To Hold OPR At 2.75 Pct At March 5 MPC Meeting

KUALA LUMPUR, Feb 27 (Bernama) -- CIMB Treasury and Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent at the next Monetary Policy Committee (MPC) meeting on March 5, amid renewed uncertainty over the United States tariff rates.

MITI Minister To Contact Us Counterpart On ART, Says Fahmi

PUTRAJAYA, Feb 27 (Bernama) -- The Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani will liaise with his US counterpart regarding the implications of the US Supreme Court ruling on the Agreement of Reciprocal Trade (ART) and the new tariffs announced by US President Donald Trump.

Ringgit Ends Mostly Higher Vs ASEAN Peers But Lower Against US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit closed mostly higher against ASEAN currencies on Friday but eased against the US dollar and other major currencies as traders remained cautious amid geopolitical risks and uncertainties over US tariffs.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

Gold Futures End Higher As US Tariff Uncertainty Persists

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished higher on Wednesday as US tariff uncertainty continues.

Rubber Market Ends Higher On Regional Futures Gains, Tightening Global Supply

KUALA LUMPUR, Feb 25 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, supported by gains in regional rubber futures and tightening global supply due to weather disruptions during the wintering season, a trader said.

Bursa Malaysia Eases In Early Trade Amid US Policy Uncertainty

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia opened higher on Wednesday but slipped into negative territory shortly after as investors turned cautious amid uncertainty over the United States trade policy.

Malaysia Must Not Rely Solely On Tariff Adjustments To Be Competitive But Diversify Export Base – Economist

KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia, which is largely an export-oriented nation, must not rely solely on tariff adjustments to boost its competitiveness but also diversify its export base, said economist Nadia Jalil.