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KUALA LUMPUR, June 19 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained expectations for Bank Negara Malaysia (BNM) to lower the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent in the second quarter of 2025 (2H 2025), if economic conditions warrant.
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 19 (Bernama) -- The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, June 18 (Bernama) -- The ringgit ended lower against the greenback on Wednesday ahead of a decision on US interest rates later today and as the war between Israel and Iran continued to escalate.
KUALA LUMPUR, June 18 (Bernama) -- The ringgit was slightly higher against the US dollar at today’s opening with investors remaining cautious ahead of the United States (US) monetary policy outcome due later tonight, an analyst said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said.
By Anas Abu Hassan and Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 17 (Bernama) -- The ringgit opened flat against the US dollar on Tuesday as investors steered towards the sidelines amid cautious sentiment ahead of the two-day Federal Open Market Committee (FOMC) meeting beginning later today, said an analyst.
By Siti Noor Afera Abu
KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.
By Siti Noor Afera Abu
KUALA LUMPUR, June 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as renewed geopolitical concerns, following Israel’s airstrikes on Iranian nuclear facilities, spurred safe-haven demand.
KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.
KUALA LUMPUR, June 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives advanced for a second consecutive day, driven by softer US inflation data that strengthened market expectations for interest rate cuts by the US Federal Reserve (Fed) later this year.
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.
