CPO Futures Rise On Soybean Oil Strength
By Siti Noor Afera Abu
KUALA LUMPUR, May 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on stronger soybean oil and crude oil prices.
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By Siti Noor Afera Abu
KUALA LUMPUR, May 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on stronger soybean oil and crude oil prices.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 9 (Bernama) -- The ringgit closed lower against the US dollar on Friday as news about a possible trade deal between the United States and China by the end of the week spurred interest in the greenback.
KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 8 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned, said an economist.
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.
KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 3.0 per cent.
KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 7 (Bernama) -- The ringgit ended slightly lower against the US dollar at Wednesday’s close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow, said an analyst.
KUALA LUMPUR, May 7 (Bernama) -- The Malaysian rubber market closed on a mixed note on Wednesday, buoyed by an uptrend in the Standard Malaysian Rubber (SMR) 20, supported by a rebound in regional rubber futures markets.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 7 (Bernama) -- The ringgit rose against the US dollar in early trade on Wednesday, bolstered by a weaker US dollar index (DXY) and a drop in US Treasury yields, signalling persistent risk-off sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting, said an analyst.