Ringgit Extends Gains Against Greenback On US Economic Concerns

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.

Ringgit Jumps To 34-month High Vs US Dollar After China Unveils Stimulus Measures

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.

AI Increasingly Impacts Consumers' Buying Decisions - Study

KUALA LUMPUR, Sept 24 (Bernama) -- NielsenIQ (NIQ), the world’s leading global consumer intelligence company, in its latest report found consumers remain determined and resilient despite the uncertainty, providing a strategic roadmap for retailers looking to win over consumers over the next 12 to 18 months and beyond.

Ringgit Opens Higher Vs US Dollar, Revisits RM4.19 Level

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.

Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Malaysia's August Inflation Eases To 1.9 Pct - DoSM

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

Foreign Investors Remain Net Buyers Last Week, Snapping Up Equities Worth RM271.5 Mln

KUALA LUMPUR, Sept 23 (Bernama) -- Foreign investors remained net buyers of domestic equities for the sixth consecutive week, recording an inflow of RM271.5 million last week.

Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.

Labuan's Asian Supply Base Secures First International Client For Major Philippines Energy Project

LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.

AIBC Leadership To Boost ASEAN-India Trade, Investment Ties

KUALA LUMPUR, Sept 21 (Bernama) -- The newly appointed leadership of the ASEAN-India Business Council (AIBC) has reaffirmed its commitment to promote private sector cooperation in trade and investment, in line with the ASEAN Economic Community (AEC) Blueprint 2025.

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

Rubber Market Is Expected To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The local rubber market is expected to trade higher next week due to a rubber supply shortage influenced by uncertain weather conditions in rubber-producing regions, said industry expert Denis Low.