Reforms Are Crucial To Build A More Resilient Economy - Economists
KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.
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Ringgit Ends Easier Vs USD
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.
Gold Futures Outlook Remains Bullish For Next Week
By Zarul Effendi Razali
KUALA LUMPUR, Jan 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely maintain their upward trajectory next week, supported by a positive outlook for physical gold on the London Bullion Market Association.
Gold Futures Maintain Uptrend To End Higher
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued its uptrend for the fourth consecutive day to end the week higher as traders stayed cautious over the policies of the new United States (US) administration under Donald Trump.
Ringgit Rebounds To End Higher Against US Dollar
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
Bursa Malaysia Mixed At Midday
KUALA LUMPUR, Jan 10 (Bernama) -- Bursa Malaysia ended the morning trading session on a mixed note, reflecting the slightly cautious market sentiment, in line with the sideways trading seen across Asian equities.
Ringgit Opens Flat Amid Rising Greenback Demand
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
Public Mutual Declares Distributions Of Over RM99 Mln For Nine Funds
KUALA LUMPUR, Dec 31 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for nine funds for the financial year ended Dec 31, 2024.
Private Non-financial Sector Credit Growth Up 5.2 Pct In November
KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).
Ringgit Holds Steady To Close Higher Against US Dollar
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit held firm to close marginally higher against the US dollar on Monday despite a strong greenback underpinned by elevated US bond yields.
Ringgit To Exhibit Softness In Thin Trading Next Week
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
Ringgit Strengthens Against US Dollar As Rising Oil Prices Lift Sentiment
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.