Ringgit Rebounds To End Higher Against US Dollar
By Zarul Effendi Razali
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit rebounded from yesterday’s losses to close higher against the greenback on Wednesday.
| LATEST NEWS | Prioritise education quality to elevate Malaysia to developed nation status - PM Anwar | IKM, KKTM and MJII rebranded, now known as TVETMARA - DPM Ahmad Zahid | The 4.3km Semenyih Bypass Project expected to reduce serious traffic congestion in surrounding areas - PM Anwar | Ringgit traded at 3.9540 against the US dollar at lunch break | To-date, Malaysia has yet to receive notice or official communication from the United States regarding the timeline to ratify the ART -- Johari. | |
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MIDF Amanah Anticipates Ringgit To Trade Higher At RM4.30 By Year-end
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.
Bursa Malaysia Ends Morning Session Higher
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia ended the morning session higher, in line with most regional markets, with investors continuing to buy selected heavyweight stocks, led by utility counters.
Ringgit Remains Lower Against US Dollar In Early Trade
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said.
Ringgit Closes Lower Against US Dollar As Global Uncertainty Drive Investors To Safe Haven Currencies
By Zarul Effendi Razali
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.
Rubber Market Closes Higher As Regional Rubber Futures Markets Rally
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to close higher today.
Malaysia To Use Soft Power Diplomacy Amid Possible Economic Changes With Trump's Return
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.
Malaysia To Closely Monitor Development Of Trump Tariff Threat On BRICS - Tengku Zafrul
KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia, as a partner country of BRICS, will closely monitor the development of US President-elect Donald Trump's threat to impose 100 per cent tariffs on BRICS countries, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Bursa Malaysia Opens Higher, Tracking Upbeat Wall Street
KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking the upbeat performance on Wall Street overnight.
Ringgit Marginally Lower Against US Dollar In Early Trade
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.
Global South Should Unite In Response To Trump’s Tariff Threats On BRICS -- Jomo
KUALA LUMPUR, Dec 2 (Bernama) -- The Global South should unite, even in small ways to pursue shared goals, particularly because US President-elect Donald Trump has threatened tariff specifics for BRICS nations.
Gold Futures End Marginally Lower
KUALA LUMPUR, Dec 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended marginally lower today, weighed down by a stronger US dollar and profit-taking, as investors awaited crucial United States economic data to assess the Federal Reserve’s next move on monetary policy.