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Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations

KUALA LUMPUR, June 16  (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.

Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal

By K. Naveen Prabu

KUALA LUMPUR, June 15  (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.

Improved Market Sentiment Lifts Ringgit At Opening

KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.

Bursa Malaysia Seen Trading Range-bound Next Week Amid External Uncertainties

KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a neutral bias as investors assess geopolitical developments and key economic data releases from major economies.

CPO Futures End Lower, Tracking Softer Crude and Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday, weighed down by weakness in the crude oil and soybean oil prices on the Chicago Board of Trade (CBOT), a trader said.

RHB IB Raises Malaysia's 2026 IPI Growth Forecast To 4.9 Pct

KUALA LUMPUR, June 12 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s 2026 Industrial Production Index (IPI) growth forecast upward to 4.9 per cent from 4.1 per cent.

Attractive Valuations Drive Buying, Bursa Malaysia Ends Higher

KUALA LUMPUR, June 12 (Bernama) -- Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility in crude oil prices and uncertainty over the global interest rate outlook.

Rubber Market Extends Gains On Strong Regional Futures

KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.

Bursa Malaysia Gains In Early Trade On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.

Ringgit Opens Higher Against Greenback, Most Regional Peers

KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.

Akmal Nasrullah Expects Malaysia, Turkmenistan To Seal Hydrocarbons Cooperation Pact On June 19

KUALA LUMPUR, June 11 (Bernama) -- Malaysia and Turkmenistan are expected to sign a long-term hydrocarbons cooperation agreement on June 19 as part of efforts to strengthen the country’s energy supply chain, said Deputy Economy Minister Akmal Nasrullah Mohd Nasir.