1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index opened lower on Monday, tracking Wall Street’s losses as markets anticipated a further slowdown in the US Federal Reserve’s interest rate easing cycle.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 9 (Bernama) — The local rubber market closed higher on Thursday, bolstered by an uptrend in regional rubber futures markets and steady benchmark crude oil prices, said a dealer.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit is heading in the right direction, reflecting the country's strong economic fundamentals and growth prospects for the next couple of years, according to Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended yesterday’s gains to close higher today, as traders awaited a key US jobs report later this week that could influence the Federal Reserve’s interest rate trajectory.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 8 (Bernama) -- The local rubber market ended mixed on Wednesday amid the better performance of its regional peers and gains in benchmark crude oil prices, said a dealer.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, driven by a weaker US dollar, as traders remained cautious about President-elect Donald Trump's tariff plans and awaited US jobs data to assess the Federal Reserve's interest rate trajectory.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday’s losses to close higher Tuesday, driven by bargain-hunting amidst the positive momentum on Wall Street overnight and most regional markets.