Gold Futures Close Lower As US Dollar Strengthens
KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.
KUALA LUMPUR, July 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday as the US dollar strengthened, analysts said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 7 (Bernama) -- The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said.
By Siti Noor Afera Abu and Danni Haizal Danial Donald
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia closed lower on Monday, reversing last week’s gains, as regional markets weakened amid renewed investor caution ahead of the July 9 tariff deadline, analysts said.
By K. Naveen Prabu
KUALA LUMPUR, July 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking losses in regional rubber futures and a decline in crude oil prices, a dealer said.
KUALA LUMPUR, July 7 (Bernama) -- Westports Holdings Bhd’s container volumes are estimated to be higher in the second quarter of 2025 (2Q 2025) compared to 0.6 per cent recorded in the 1Q 2025 due to the start of the Gemini Cooperation shipping alliance from Feb 1, 2025, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).
KUALA LUMPUR, July 7 (Bernama) -- A majority of German companies in Malaysia remained highly confident in the country’s business environment, according to the latest World Business Outlook Spring 2025 Survey.
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by mild selling activities in selected heavyweights, particularly in utilities and financial counters, in line with the weaker performance of regional markets, an analyst said.
WASHINGTON, July 7 (Bernama-Anadolu) -- US Commerce Secretary Howard Lutnick said on Sunday that higher tariff rates would take effect on Aug 1, Anadolu Ajansi (AA) reported.
KUALA LUMPUR, July 7 (Bernama) -- The global economy is expected to face a slowdown in the second half (2H) of 2025 as tariffs imposed on the United States’ (US) trading partners have impacted all economic actors, according to CGS International Securities Malaysia Sdn Bhd (CGS MY).
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia retreated to open lower on Monday, following a negative overnight performance on Wall Street, with the July 9 reciprocal tariffs deadline approaching.
KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened higher against the US dollar on Monday with anticipation of a possible overnight policy rate (OPR) cut by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on July 9, 2025, said an analyst.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.