Ringgit Weakens Against Us Dollar At The Close
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit eased against the US dollar at the close today on lack of buying momentum.
| LATEST NEWS | At 6 pm, the ringgit eased to 4.0665/0700 versus the US dollar from Monday's close of 4.0485/0525 | UEM Sunrise's units entered into two major real estate development agreements in Australia, with an aggregate value of A$315.4 million | Malaysia, UK agree on tighter social media rules for under-16s - Fahmi | MCMC, PDRM and EC strengthen cooperation to monitor, address 3R sentiment ahead of Johor and Negeri Sembilan polls - Fahmi | 79 NADI centres fully operational across all state constituencies in Kelantan - Fahmi | |
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Bursa Malaysia Ends Lower On Heavy Foreign Selling
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.
ASEAN-BAC Unveils 12 Initiatives To Drive Regional Growth, collaboration
GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.
Business Sentiment Among Japanese Companies In Malaysia Continues To Improve: Jetro
KUALA LUMPUR, Jan 16 (Bernama) -- Business sentiment among Japanese companies in Malaysia has improved for the fourth consecutive year, even as competition intensifies, according to the Financial Year 2024 Survey by the Japan External Trade Organisation Kuala Lumpur (Jetro).
Ringgit Opens Slightly Higher Vs USD
KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.
Malaysia, UK Discuss Elevating Relations To Strategic Partnership
From D.Arul Rajoo
LONDON, Jan 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today met his United Kingdom (UK) counterpart, Sir Keir Starmer, and discussed about elevating the relations between both countries to strategic partnership covering all spheres.
ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities
KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).
Ringgit Advances Against US Dollar At The Close
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.
KL Rubber Market Ends Mixed Amid Global Rubber Supply Concern
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, with the SMR 20 continuing to rise, supported by the uptrend in the regional rubber futures market and a weaker ringgit against the US dollar, a dealer said.
US Patent Grants See Growth In 2024, Samsung Holds Top Spot
KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.