27d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.
27d ago
KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a wide range of US$4,300 to US$4,500 next week amid market uncertainty over ongoing West Asia tensions.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 27 (Bernama) -- The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 26 (Bernama) -- The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of a ceasefire between the United States and Iran.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose on Wednesday as the de-escalation narrative surrounding the West Asia conflict made the safe-haven metal more appealing after a recent forced selloff.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 25 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Wednesday, as risk sentiment improved following potential ceasefire talks between the United States and Iran.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday as investors traded with a cautious stance amid rising uncertainties surrounding the escalating war involving the United States-Israel and Iran, which weighed on market sentiment.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as global risk sentiment improved after US President Donald Trump signalled a de-escalation in the West Asia conflict.
2m ago
KUALA LUMPUR, March 21 (Bernama) -- Gold prices are currently under pressure due to market liquidation, rising real yields and temporarily delayed physical demand, rather than a breakdown in the long-term macroeconomic outlook, according to an analyst.