1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia turned lower at midday due to selling in selected heavyweights, led by the financial services, plantation and utilities counters.
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- Businesses are anticipating a favourable business environment in the first quarter of 2025 (1Q 2025), underpinned by a positive confidence indicator of 3.2 per cent compared to 4.8 per cent in the previous quarter, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
1y ago
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
1y ago
KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
1y ago
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit ended the week slightly lower against the US dollar, as cautious market sentiments prevailed due to uncertainties over the United States’ (US) tariff policies.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia continued its positive performance at the opening on Thursday, with buying led by the industrial products and construction counters, analysts said.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia closed higher on Tuesday as bargain hunting continued in most index-linked counters, led by financial services, analysts said.