Gold Futures End Lower As Fed’s Hawkish Cut Triggers Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Bursa Malaysia Opens Higher On US Rate Cut

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.

Gold Futures Rebound As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, recovering after a significant sell-off earlier in the week as easing tensions between the United States and China reduced geopolitical risks.

Ringgit Extends Gains For Fifth Straight Day On Positive Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.

Bursa Malaysia Ends Marginally Lower Ahead Of US Fed Rate Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended marginally lower today as investors remained cautious ahead of the United States (US) Federal Reserve’s interest rate decision later tonight.

Bursa Malaysia Slips On Profit-taking After Recent Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia closed lower today in tandem with profit-taking across regional markets after the recent gains, amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision on Wednesday.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Ringgit Holds Steady Versus US Dollar Amid Fed Chair's Dovish Remarks

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit held steady against the US dollar on Wednesday amid a weaker greenback following dovish remarks by the United States (US) Federal Reserve (Fed) chair Jerome Powell.

Ringgit Rises Against US Dollar On Softer Greenback

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a weaker greenback after dovish signals from the US Federal Reserve (Fed).

Malaysia To Sustain Growth At 4-4.5 Pct Next Year Driven By Higher Demand For Semiconductors, AI Applications – MoF

By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab

KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.