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KUALA LUMPUR, Nov 19 (Bernama) -- The recent strengthening of the ringgit versus the US dollar reflects Malaysia’s underlying economic fundamentals and rising investor confidence in the country, said Sunway University economics professor Dr Yeah Kim Leng.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid broad risk-off sentiment after investors reacted to a reduced chance of a December Fed rate cut, which now stands at around 40 per cent.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit continued its technical correction, closing lower against the US dollar today, as traders and investors cashed in amid uncertainty over the United States interest rate outlook.
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based weakness in the local bourse, in line with regional markets.
KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit opened slightly easier against the US dollar this morning, reflecting a technical correction after its recent gains.
KUALA LUMPUR, Nov 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower as expectations of a US rate cut in December eased, said SPI Asset Management managing partner Stephen Innes.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 17 (Bernama) -- The Employees Provident Fund (EPF) is on track to deliver higher dividend to its members, following its double-digit growth in investment income, according to an economist.
KUALA LUMPUR, Nov 17 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session higher amid cautious sentiment and selective accumulation in heavyweight stocks.
KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit opened higher against the US dollar from last Friday’s losses amid renewed demand for the local currency, underpinned by steady domestic fundamentals following Malaysia’s latest gross domestic product (GDP) report.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade on a firmer footing next week, with traders eyeing a rebound within the US$4,160 to US$4,210 per troy ounce range.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.
