7m ago
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.
7m ago
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.
7m ago
KUALA LUMPUR, May 5 (Bernama) -- The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst
7m ago
By Zufazlin Baharuddin
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance.
8m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.
8m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed marginally higher against the US dollar today, driven by a weaker greenback amid global trade tensions, said an analyst.
8m ago
KUALA LUMPUR, April 17 (Bernama) -- Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, April 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the third straight day today, tracking gains on COMEX, as intensifying US-China trade tensions continued to drive safe-haven demand.
8m ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.
8m ago
By Rosemarie Khoo
KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia continued its upward trend for a second straight day today, thanks to buying in telecommunications and consumer stocks.
8m ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
8m ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.