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Stronger Ringgit, Fed Shift Could Draw Capital To Malaysia

By Siti Noor Afera Abu

KUALA LUMPUR, June 29 (Bernama) -- Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Ringgit Extends Gains As Fed Signals Rate Hold

KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.

Ringgit Opens Higher Against Greenback As Prospect Of Middle East De-escalation Rises

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.

Economists Cautious On Malaysia’s 2025 Trade Prospects Amid Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 22 (Bernama) -- Economists are maintaining a cautious stance on Malaysia’s trade outlook this year due to persistent global tariff uncertainty, which is expected to weigh on the country’s trade and manufacturing performance.

Fitch Keeps 'Neutral' Outlook On Malaysia's Banking Sector, Revises Outlooks For Some Asian Countries

KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.

Ringgit Rises Against US Dollar Amid Heightened Uncertainties

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.

Ringgit Rallies Against Greenback On Weak US Data

KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.

Ringgit Extends Gains Against US Dollar On Tariff Uncertainty

By Siti Noor Afera Abu

KUALA LUMPUR, June 12 (Bernama) -- The ringgit continued to strengthen against the US dollar on Thursday, buoyed by a softer US Dollar Index (DXY), which declined by 0.25 per cent to 98.386 points.

Ringgit Improves Against Greenback Amid Weaker US Economic Data

KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.

World Bank Revises Malaysia's 2025 GDP Growth Forecast To 3.9 Pct

KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s gross domestic product (GDP) growth forecast for 2025 has been revised to 3.9 per cent, a 0.6 percentage-point downgrade from January 2025’s projection, according to the World Bank’s Global Economic Prospects report.

Maybank Underwrites RM2.5 Bln For Dayone’s Green Data Centres In JS-SEZ

KUALA LUMPUR, June 11 (Bernama) -- Maybank is underwriting RM2.5 billion to support DayOne Data Centers in establishing green data centres within the Johor-Singapore Special Economic Zone (JS-SEZ).