Ringgit Closes Flat Against US Dollar Amid Middle East Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit closed almost flat against the US dollar on Monday as markets remained cautious about the geopolitical developments engulfing the Middle East, while the US Dollar Index (DXY) stayed well supported.

Bursa Malaysia Ends Easier On Weak Buying Interest 

By Karina Imran

KUALA LUMPUR, Oct 21 (Bernama) --  Bursa Malaysia moved in a tight range amid muted trading to close easier today, reflecting weak buying interest as investors paused to assess the details of Budget 2025, said an analyst. 

Budget 2025 Aims For Growth And Elevated Living Standards - Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The local rubber market is expected to trade range-bound with an upside bias next week, driven primarily by replenishment activities, according to industry expert Denis Low.

Strong Economic Fundamentals, Ringgit Appreciation Boost Investor Confidence - MoF

KUALA LUMPUR, Oct 18 (Bernama) — Malaysia’s strong economic fundamentals and favourable growth prospects will enable the country to attract high-quality investments and position Malaysia as a preferred destination for investors.

Rubber Market Ends Slightly Higher On Stronger Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 17 (Bernama) -- The Kuala Lumpur rubber market ended slightly higher on Thursday, supported by gains in the benchmark crude oil prices and weaker ringgit against the United States (US) dollar, a dealer said.

Malaysia Needs Diverse Trading Partners To Explore New Solar Market - MITI

KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).

FBM KLCI Ends Higher On Buying In Selected Stocks

By Rosemarie Khoo

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s market bellwether finished higher today, thanks to mild buying in consumer products and services, telecommunications and banking stocks, amid a mixed regional market performance.

Several ASEAN Countries Also Interested In Joining BRICS -- PM Anwar

KUALA LUMPUR, Oct 15 (Bernama) -- Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of the economic bloc, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Seen Trading Cautiously Vs US Dollar Next Week Ahead Of Budget 2025

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025.

Gold Futures Likely To Be Less Bullish Next Week

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be less bullish next week, but will still be supported amid ongoing geopolitical tensions, an analyst said.

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.