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By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit held steady against the American dollar and strengthened versus other major currencies at the close on Thursday, as investors awaited the US Consumer Price Index (CPI) report due later tonight.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit eased against the American dollar at the close on Wednesday as cautious investors took profit after recent gains, ahead of US inflation reports this week.
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit ended higher against the American dollar on Tuesday as the greenback extended its decline following the weak US jobs report on Friday and ahead of a revision in US job growth figures for the 12 months through March later today.
KUALA LUMPUR, Sept 8 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly owned subsidiary, Icon Samudera (L) Inc, will dispose of a vessel to Vietnam’s Asia Investment and Asset Management Joint Stock Company for RM28.13 million.
KUALA LUMPUR, Sept 8 (Bernama) -- Triangle Life Insurance Co Ltd (Triangle Life) in its new report finds 88 per cent of high-net-worth individuals (HNWIs) believe their wealth has a positive impact, with 66 per cent describing that effect as highly significant.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.
KUALA LUMPUR, Sept 2 (Bernama) -- ICH Asset Management (ICHAM), a regional multi-family office and asset manager, has launched the ICHAM Defined Growth Fund, billed as Asia’s first open-ended fund dedicated to autocall structured products.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week ahead of the United States (US) non-farm payrolls report scheduled for next Friday.
