8m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 3 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, as traders remain cautious ahead of United States (US) President Donald Trump and China’s President Xi Jinping’s expected meeting this week, said an analyst.
8m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
8m ago
KUALA LUMPUR, June 3 (Bernama) -- Capital A Bhd has emerged as an active stock today, with its share price rising over four per cent following its strong first quarter of 2025 (1Q 2025) performance, which saw the company’s turnaround with a net profit.
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 3 (Bernama) -- The ringgit rebounded to open higher against the US dollar on Tuesday, as markets assessed the outlook for US President Donald Trump's tariff policy, an analyst said.
8m ago
KUALA LUMPUR, June 2 (Bernama) -- ASEAN currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, said Maybank Investment Bank Bhd (Maybank IB) today.
8m ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 31 (Bernama) -- The ringgit is likely to be traded cautiously against the US dollar next week amid ongoing uncertainties surrounding US tariff policy developments, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 31 (Bernama) -- The local rubber market is likely to remain on a downtrend next week as businesses are still cautious about the global market outlook, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).
8m ago
By Zufazlin Baharuddin
KUALA LUMPUR, May 30 (Bernama) -- The ringgit closed lower against the US dollar on Friday amid renewed market uncertainty after a US federal appeals court granted the White House’s request to temporarily pause a lower-court ruling which struck down President Donald Trump’s tariffs on imports.
8m ago
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's headline inflation remained unchanged at 1.4 per cent in April 2025, while core inflation edged up to two per cent from 1.9 per cent in March 2025, according to Bank Negara Malaysia (BNM).
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 30 (Bernama) -- The US dollar continues to weaken, pressured by concerns over the United States (US) fiscal outlook, including rising debt, widening deficits and increased government spending, alongside trade tensions and shifting global investments.
8m ago
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).
8m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 30 (Bernama) -- The ringgit opened stronger against the US dollar today, boosted by improved investor confidence in emerging market currencies after a US court temporarily halted a decision to block most Trump-era import tariffs, an analyst said.