Ringgit Opens Higher Ahead Of US Interest Rate Decision
KUALA LUMPUR, March 19 (Bernama) -- The ringgit opened higher against the US dollar ahead of the US Federal Open Market Committee’s (FOMC) decision on interest rates later tonight.
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Ringgit Closes Easier Against US Dollar Ahead Of FOMC Meeting
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 17 (Bernama) -- The ringgit closed easier on Monday as traders and investors remain guarded ahead of the two-day United States (US) Federal Open Market Committee (FOMC) meeting which will begin tomorrow, said an analyst.
URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home
KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.
Malaysia’s Tech Sector Earnings To Grow This Year Amid Tariff Headwinds -- Analysts
KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s technology (tech) sector earnings are projected to grow this year, riding on stronger demand and overall recovery in the semiconductor space amid the United States (US) tariff headwinds, said analysts.
Ringgit Opens Higher As US Govt Shutdown Averted
KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.
Ringgit To Remain Defensive Next Week, Trading Within 4.43-4.44 Range Against Greenback
By Danni Haizal Danial Donald
KUALA LUMPUR, March 15 (Bernama) -- The ringgit is expected to remain defensive within the 4.43-4.44 range against the US dollar next week, as cautious investor sentiment continues to strengthen demand for the greenback as a safe-haven currency, said an analyst.
US Tariffs Conflict To Keep Rubber Market Range-bound Next Week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 15 (Bernama) -- The Malaysian rubber market is expected to trade within a narrow range next week, with potential volatility due to global economic and weather-related factors, said industry expert Denis Low.
Ringgit Ends Lower Against Greenback On Trade War Uncertainties
By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.
Rubber Market Rebounds, Tracking Positive Regional Markets
KUALA LUMPUR, March 14 (Bernama) -- The Malaysian rubber market rebounded on Friday, bolstered by the upward momentum in regional rubber markets and steady benchmark crude oil prices as the ringgit weakened against the US dollar, said a dealer.
Ringgit Opens Flat Against US Dollar As Caution Prevails
KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO
KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.
Ringgit Closes Lower Against Greenback Ahead Of US PPI Data Release
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.