6d ago
KUALA LUMPUR, May 6 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday ahead of Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) meeting tomorrow, where policymakers will assess inflation and growth, key factors shaping the outlook for the Overnight Policy Rate.
7d ago
By Karina Imran
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.
8d ago
KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.
12d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.
12d ago
By K. Naveen Prabu
KUALA LUMPUR, April 30 (Bernama) -- The rubber market closed lower today due to weaker regional rubber futures, said a trader.
12d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 30 (Bernama) -- Oil prices surged above US$120 per barrel on Thursday as US President Donald Trump warned Iran that US naval blockade at the Strait of Hormuz could last months.
13d ago
KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.
14d ago
KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
14d ago
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
14d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.
15d 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.
15d 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.