Possible US-China Trade Deal Boosts Ringgit To A Near 2-week High
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit rose on Thursday, bolstered by indications from United States President Donald Trump regarding a potential trade deal with China.
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KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit rose on Thursday, bolstered by indications from United States President Donald Trump regarding a potential trade deal with China.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 20 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, supported by an uptrend in regional rubber futures markets and persistent concerns over a natural rubber supply shortage, said a dealer.
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.
KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
KUALA LUMPUR, Feb 19 (Bernama) -- Based on the latest analysis using 2022 data, the target achievement rate for the country's sustainable development goals (SDGs) by 2030 is projected at 43 per cent compared to the global average of 17 per cent, said Deputy Economy Minister Datuk Hanifah Hajar Taib.
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit was slightly higher against the US dollar in early trade amid a higher US Dollar Index (DXY) coupled with gains in US Treasury bonds, said an analyst.
KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday, driven by concerns over a tight natural rubber supply due to the ongoing wintering and wet weather in major producing countries, said a dealer.
KUALA LUMPUR, Feb 18 (Bernama) -- With Malaysia Airports Holdings Bhd (MAHB) set to be delisted from Bursa Malaysia following its takeover by the Khazanah Nasional Bhd-led Gateway Development Alliance Sdn Bhd (GDA), all five independent non-executive directors (INEDs) have tendered their resignations, effective on the delisting date.
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit ended higher against the US dollar, fueled by continued expectation that the US Federal Reserve (Fed) will cut interest rates.