LATEST NEWS   Govt is focusing on policy adjustments, managing cost pressures, and ensuring supply including basic necessities in tackling the global supply crisis -- Akmal Nasrullah | At 6 pm, the ringgit firmed to 3.9490/9530 against the US dollar from 3.9515/9555 on Monday. | 70 pct of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities -- Akmal Nasrullah | Retargeting ASEAN, East Asia, Australia and India markets among measures to maintain visitor flow and national income - Akmal Nasrullah | Malaysia has entered an extended crisis management phase, moving beyond the initial shock response phase -- Akmal Nasrullah | 

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Ringgit Opens Lower Against Greenback On Cautious Sentiment

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst. 

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) treasury yields, said an analyst.

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Any Form Of Protectionism Will Affect Trade And Investment - PM Anwar

KUALA LUMPUR, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that any form of protectionism will affect countries in terms of trade and investment.

Malaysia's IPO Surge Reflects Investor Confidence In Local Bourse

KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024

KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.

Bursa Malaysia Marginally Lower In Early Trade

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia's key index opened marginally lower in early trade, despite the mostly positive Wall Street performance overnight following the United States (US) Federal Reserve's (Fed) interest rate cut.

Gold Futures End Lower On Stronger US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s strong performance, said an analyst.