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Ringgit Opens Marginally Higher Against US Dollar Amid Cautious Sentiment

KUALA LUMPUR, March 16 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains.

Sunway Invests RM23 Million To Expand SJK (C) Cheah Fah In Johor

ISKANDAR PUTERI, March 14 (Bernama) -- SJK (C) Cheah Fah has launched the second phase of its expansion, supported by RM23 million from Sunway Group, to accommodate rising student enrolment as Johor’s southern corridor develops.

Ringgit Seen Moving In 3.93-3.98 Range On Oil Price Watch Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 14 (Bernama) -- The ringgit is expected to trade in a range between RM3.93 and RM3.98 next week as investors will keep a close watch on the trajectory of crude oil prices.

Oil Price Shock Could Force Indonesia To Breach Three Per Cent GDP Deficit Rule

JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.

Ringgit Rises Against Other Currencies, Eases Vs US Dollar At Close

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 13 (Bernama) -- The ringgit ended higher against other major currencies but eased against the US dollar at Friday's close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply disruptions.

Ringgit Opens Easier Against US Dollar, Firmer Against Majors

KUALA LUMPUR, March 13 (Bernama) -- The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.

Ringgit Eases Versus US Dollar On Cautious Sentiment Amid Worries Over Oil Supply

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 12 (Bernama) -- The ringgit ended lower against the US dollar at the close on Thursday on concerns over oil supply disruptions amid the war in Iran.

US-Iran Conflict And Energy Lockdowns: What's Next For Asia?

By Saraswathi Muniappan

KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.

Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.

Ringgit Ends Higher Vs US Dollar And Other Major Currencies 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.

Carbon Pricing Should Be Viewed As Emerging Transition Risk - Kenanga IB

KUALA LUMPUR, March 11 (Bernama) -- The introduction of carbon pricing should be viewed not only as a compliance requirement but also as an emerging signal of transition risk that will increasingly need to be incorporated into portfolio analysis, said Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.