KUALA LUMPUR, Nov 3 (Bernama) -- MBSB Investment Bank Bhd has revised its base case for the ringgit, expecting it to strengthen further against the US dollar and projecting an average forecast for the year to RM4.25 from RM4.30 previously.
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia ended the week on a softer note, tracking the weaker performance of regional markets.
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended marginally lower today as investors remained cautious ahead of the United States (US) Federal Reserve’s interest rate decision later tonight.
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit continued to open higher against the US dollar on Tuesday, buoyed by recent US-Malaysia trade deals that have increased appetite for the local currency, an analyst said.
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia opened higher today, supported by persistent buying interest in heavyweights across the board and continued optimism following positive Wall Street performance last Friday.
KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.
