Ringgit Closes Stronger Against US Dollar On Market Optimism
By Harizah Hanim Mohamed
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.
| LATEST NEWS | Those who profit from smuggling activities and fuel misappropriation will face strict action - DPM Fadillah | Enforcement of Ops Tiris 4.0 in Sabah and Labuan led to seizure of 102,144 litres of diesel and 23,907 litres of petrol - DPM Fadillah | 320 cases of law violations were recorded during Ops Tiris 4.0 Bersepadu - DPM Fadillah | The ringgit is the best-performing currency in Asia for two consecutive years, becoming a source of pride for M'sians - Fahmi | MCMC received 203,918 public requests for social media platforms to remove content, 91 per cent related to gambling and scams - Fahmi | |
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Bursa Malaysia Closes Marginally Lower Amid Profit-taking
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia closed marginally lower on the final trading day of the week, weighed by profit-taking amid cautious sentiment after Donald Trump’s US election victory.
Agreements Worth Over 1.35 Bln Saudi Riyals Signed On Day Two Of Biban 2024
KUALA LUMPUR, Nov 8 (Bernama) -- The second day of the Biban24 forum saw 20 agreements worth more than 1.35 billion Saudi riyals signed. (100 Saudi riyals = RM116.88)
Fahmi : Premature To Reveal Conditions For U Mobile’s 5G Network
PUTRAJAYA, Nov 8 (Bernama) -- U Mobile Sdn Bhd will be subject to specific conditions set by the Malaysian Communications and Multimedia Commission (MCMC) as it develops Malaysia’s second 5G network, said Communications Minister Fahmi Fadzil.
Malaysian Pavilion At SCEWS 2024 Exceeds Key Performance Goals
KUALA LUMPUR, Nov 8 (Bernama) -- The Malaysian Pavilion at Smart City Expo World Congress 2024 (SCEWC) has exceeded its key performance indicators (KPIs), demonstrating the event’s significant success, Malaysia Digital Economy Corporation (MDEC) said.
BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024
KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.
Gobind Committed To Helping Malaysia's Smart City Players Expand Reach To Global Stage
BARCELONA, Nov 8 (Bernama) -- Digital Minister Gobind Singh Deo expressed his commitment to helping more players in Malaysia’s smart city industry expand their reach to the global stage.
Malaysia Secures Potential Exports To China Worth RM3.2 Bln – Tengku Zafrul
BEIJING, Nov 7 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to China has generated potential exports worth RM3.2 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.
Bursa Malaysia Pulls Back After Recent Rally
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia staged a modest pullback to end lower today, driven by profit-taking after a four-day rally, amid the mostly higher regional market performance, an analyst said.
OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).
Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance and higher United States (US) Treasury yields, said an analyst.
Ringgit Ends Lower As US Election Results Unfold
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.