10h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.
22h ago
KUALA LUMPUR, March 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to settle lower on Friday, as investors increasingly shifted to safe-haven assets like the US dollar.
1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 27 (Bernama) -- The ringgit, along with other regional currencies, closed lower against the US dollar on Friday as investors, both globally and regionally, shifted back to safe-haven investments due to ongoing geopolitical uncertainties in West Asia.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 27 (Bernama) -- The ringgit retreated to the 4.00 level against the US dollar at noon, as risk-off mode dominated market sentiment due to growing scepticism over a ceasefire in Iran after United States (US) President Donald Trump indicated that he would not commit to a deal with Tehran.
1d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 27 (Bernama) -- The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions.
2d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 26 (Bernama) -- The ringgit weakened against the US dollar and other currencies at Thursday’s close as uncertainties over the conflict in West Asia triggered a risk-off mode in financial markets.
2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 26 (Bernama) -- The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of a ceasefire between the United States and Iran.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose on Wednesday as the de-escalation narrative surrounding the West Asia conflict made the safe-haven metal more appealing after a recent forced selloff.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- The ringgit weakened against the US dollar and other major currencies at Wednesday’s close on cautious sentiment as investors await clearer signs of de‑escalation in the Iran war.
3d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 25 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Wednesday, as risk sentiment improved following potential ceasefire talks between the United States and Iran.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday as investors traded with a cautious stance amid rising uncertainties surrounding the escalating war involving the United States-Israel and Iran, which weighed on market sentiment.
4d ago
KUALA LUMPUR, March 24 (Bernama) -- Foreign investors extended a five-week streak of net selling across eight Asian markets, with net outflows totalling US$12.13 billion, according to MBSB Investment Bank Bhd.