18d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by ongoing concerns over natural rubber supply shortages due to rainy weather and optimism from improved Chinese economic data, said a dealer.
18d ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.
18d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.
18d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia opened lower on mild profit-taking after Wall Street’s mixed close, as investors adopted a cautious stance ahead of next week’s interest rate decision by the United States Federal Reserve (Fed).
18d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.
19d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.
19d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.
19d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia pared earlier losses to end marginally lower today as cautious sentiment prevailed ahead of the US Federal Reserve (Fed) meeting next week.
19d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.
19d ago
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia stayed lower at midday on Thursday due to persistent selling in selected heavyweights, led by the utilities and financial services sectors.
19d ago
By Karina Imran & Naveen Prabu
KUALA LUMPUR, Dec 4 -- The ringgit opened firmer at RM4.11 level against the US dollar this morning as markets priced in higher odds of United States (US) monetary easing next week.
20d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.