Ringgit Remains Lower Against US Dollar In Early Trade

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit remained lower against the US dollar in early trade today as investors remained cautious about global market developments, an analyst said. 

VS Industry Net Profit Declines To RM30.6 Mln In 1Q FY2025

KUALA LUMPUR, Dec 3 (Bernama) -- VS Industry Bhd, an integrated electronics manufacturing services provider, posted a lower net profit of RM30.6 million in the first quarter ended Oct 31, 2024 (1Q FY2025), as compared with RM48.98 million registered in the same period a year ago.

Ringgit Closes Lower Against US Dollar As Global Uncertainty Drive Investors To Safe Haven Currencies

By Zarul Effendi Razali

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.

Crude Oil And Condensate Production Totalled 41.8 Mln Barrels In 3Q 2024

KUALA LUMPUR, Dec 3 (Bernama) -- The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.

AWS Sees Strong Growth In ASEAN Cloud Services Market

LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) anticipates strong growth in its cloud services business, driven by the adoption of generative artificial intelligence (Gen-AI) that will further enhance the digital economy across the ASEAN region.

Ringgit Marginally Lower Against US Dollar In Early Trade

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit was slightly lower against the US dollar in early trade on Tuesday amid cautious sentiment in the global currency market, said an analyst.  

Ringgit Closes Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.

Ringgit Slightly Higher Against US Dollar In Early Trade

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback. 

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.

Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.

Ringgit Closes Higher, Mirroring Regional Trend

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.