3m 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.
3m ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.
3m ago
KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)
3m ago
KUALA LUMPUR, Dec 1 (Bernama) -- The opening of Chinese tech conglomerate Tencent Holdings Ltd’s new office in Malaysia reflects stronger long-term digital investment and reinforces the country’s position as an emerging regional technology hub, Digital Minister Gobind Singh Deo said.
3m ago
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Friday’s Wall Street gains as the overall sentiment was bolstered by improving expectations of a Federal Reserve rate cut in December, with many anticipating a further 25-basis-point reduction.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit snapped its three-day winning streak to close lower against the US dollar as well as other major and regional currencies on Wednesday, amid profit-taking by traders.
3m ago
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit continued to strengthen against the US dollar as expectations of a US interest rate cut in December build, putting pressure on the greenback, an analyst said.
3m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as the greenback weakened on dovish remarks by US Federal Reserve (Fed) officials.
3m ago
NAIROBI (Kenya), Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s visit to three African countries in a continent which is increasingly being described as “young and fast” for its vibrant demographics and rising potential is a testament to Putrajaya’s commitment to strengthening ties with the Global South and positioning Malaysia strategically as a trusted partner in an increasingly multipolar world.
3m ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia's benchmark index reversed earlier losses to close marginally higher on Monday, tracking positive movement on most regional markets amid renewed optimism on potential United States (US) interest rate cut.