Gold Futures Close Higher, Supported By Weaker US Dollar
KUALA LUMPUR, May 29 (Bernama) -- Gold prices traded higher today as a weaker US dollar lent support to bullion prices, analysts said.
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KUALA LUMPUR, May 29 (Bernama) -- Gold prices traded higher today as a weaker US dollar lent support to bullion prices, analysts said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 29 (Bernama) -- The ringgit ended the week higher against the US dollar on Friday, supported by renewed risk appetite following reports of a possible reopening of the Strait of Hormuz, a key global oil shipping route.
KUALA LUMPUR, May 29 (Bernama) -- Credit to the private non-financial sector grew by 5.8 per cent in April 2026 compared to 5.6 per cent in March 2026, driven by higher growth in outstanding business loans and outstanding corporate bonds, according to Bank Negara Malaysia (BNM).
By Karina Imran
KUALA LUMPUR, May 29 (Bernama) -- The ringgit opened higher against the greenback on Friday amid news about the possible United States-Iran truce, which is expected to have a positive impact on the local note, said an analyst.
KUALA LUMPUR, May 28 (Bernama) -- YTL Corporation Bhd’s (YTL Corp) net profit decreased to RM325.99 million in the third quarter ended March 31, 2026 (3Q FY2026) from RM432.63 million in the same quarter last year.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 28 (Bernama) -- The ringgit closed lower against the US dollar on Thursday, as escalating geopolitical tensions in West Asia increased demand for the greenback amid heightened risk aversion.
KUALA LUMPUR, May 28 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced its newly launched physically deliverable Silver Singapore futures contract recorded active trading during its first two trading sessions following its official launch on May 22.
By Karina Imran
KUALA LUMPUR, May 28 (Bernama) -- The ringgit opened mostly higher against major currencies today but eased slightly against the US dollar as investors stayed cautious over ongoing United States-Iran negotiations.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 26 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday, pressured by external developments following reports of United States and Israeli attacks on Iranian vessels in the Strait of Hormuz, which dampened regional market sentiment.
By Karina Imran
KUALA LUMPUR, May 26 (Bernama) -- The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.
JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.