3m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
3m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.
3m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives surged at the close on Tuesday as investors turned to safe haven assets after US President Donald Trump confirmed tariffs on Canada, Mexico and China.
3m ago
KUALA LUMPUR, March 3 (Bernama) -- The local rubber market closed higher on Monday, supported by weaker supply in natural rubber (NR) producing nations, according to a dealer.
3m ago
KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.
3m ago
KUALA LUMPUR, March 1 (Bernama) -- The ringgit is expected to range between RM4.45 and RM4.47 versus the greenback next week as the market sentiment remains cautious over US tariff policies.
3m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, weighed by a downtrend in the regional rubber futures market amid global trade uncertainties, said a dealer.
3m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
3m ago
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia continued its downtrend at midday on selling pressure across the board and in tandem with regional markets amid the weaker overnight Wall Street performance, said an analyst.
3m ago
KUALA LUMPUR, Feb 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded from Friday’s fall to end higher on Monday, boosted by easing US-China trade tensions and weaker US economic data.
3m ago
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
3m ago
By Anas Abu Hassan
KUALA LUMPUR, Feb 24 (Bernama) -- The Kuala Lumpur rubber market ended mixed today tracking the performance of regional rubber futures markets amid concerns over escalating global trade tensions, said a dealer.