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By Anas Abu Hassan & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 29 (Bernama) – Malaysia’s semiconductor industry is poised to benefit from the upcoming 13th Malaysia Plan (13MP), as the government seeks to strengthen the country’s role in the global supply chain.
KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher on Tuesday against the US dollar and other major and regional currencies, supported by easing global trade tensions that lifted investor sentiment, an analyst said.
By Siti Radziah Hamzah
KUALA LUMPUR, July 28 (Bernama) – Malaysia remains locked in quiet engagement and possibly embracing a deliberate positioning with the United States (US) to lower the 25 per cent tariffs on its exports to the American markets as the Aug 1 deadline approaches.
KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst.
KUALA LUMPUR, July 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade in a narrow range next week, tracking United States (US) COMEX gold amid the potential finalisation of US trade agreements with the European Union (EU) and Asia-Pacific countries, said an analyst.
KUALA LUMPUR, July 26 (Bernama) -- The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US Federal Reserve (Fed) is anticipated to maintain its policy rate, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ends lower on Friday, weighed by strong United States (US) jobs data and improving risk sentiment surrounding trade, said an analyst.
KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated to close lower on Thursday, as the market believes trade tensions are easing, according to an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by optimism that Malaysia could secure a more favourable trade deal with the United States (US), said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives settled higher on Wednesday, buoyed by a softer US dollar and easing United States (US) Treasury yields, said an analyst.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
