Gold Futures End Higher
KUALA LUMPUR, Sept 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today due to expectations of interest rate cuts by the United States Federal Reserve.
| LATEST NEWS | Ringgit falls to 3.9530/9585 versus US dollar from 3.9330/9415 last Thursday | Malaysia, Japan strengthen bilateral cooperation, play a constructive role for global peace and stability - Anwar | Malaysia supports all efforts towards peace and a resolution to the Iran-Israel conflict - Anwar | Anwar, Prabowo agree to meet in near future to strengthen bilateral ties | |
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Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.
OTC Markets Group To Connect East And West With OTC Overnight
KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.
Bursa Malaysia Higher At Midday Following Overnight Gains On Wall Street
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia experienced a positive trend at midday, buoyed by strong gains on Wall Street overnight, while investors await the United States Federal Reserve (Fed) meeting next week.