Ringgit Closes Little Changed Against US Dollar
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
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Ho! Ho! Ho! Bursa Malaysia Ends Christmas Trading Week On A Roll
By Anas Abu Hassan
KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.
Ringgit Stages Strong Rebound To End Losing Streak Against US Dollar
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit staged a strong rebound to end higher against the greenback on Monday as rising commodity prices and a softer US inflation reading helped the local currency snap a recent run of losses against the American dollar.
ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.
FMM Welcomes No Change In Icpt Surcharge, Calls For Time To Adjust To New RP4 Tariff
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.
Top Glove Returns To The Black, Posting A Net Profit Of RM5.47 Mln In 1Q FY2025
KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.
Ringgit Continues To Extend Loss On Fed’s Hawkish Turn
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
Buoyant Year For Port Operators, Shipping Industry But Challenges Persist
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
UOB: ASEAN-6 To Outpace Global GDP Growth In 2025 Amid Supply Chain Shifts, Investment Opportunities
KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.
Late Buying Lifts Bursa Malaysia To End In Positive Zone
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 5 (Bernama) -- Last-minute buying mainly in financial and plantation heavyweights helped lift Bursa Malaysia to end today’s session on a positive note, erasing losses from the earlier sessions.
Ringgit Strengthens Against US Dollar In Early Trade
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst.