10d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
24d ago
KUALA LUMPUR, Dec 2 (Bernama) -- When Bernama first reported in March that gold had caught fire and could potentially climb towards US$5,000 per troy ounce by year-end, the precious metal was already rewriting the record books.
25d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.
28d ago
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, supported by sustained optimism over a potential shift in US monetary policy and improving sentiment toward emerging-market currencies.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about the greenback’s near-term direction.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended the week lower, mirroring the weak performance of regional bourses, as an overnight sell-off on Wall Street dampened investor sentiment.
1m ago
KUALA LUMPUR, Nov 21 (Bernama) -- Kenanga Investment Bank Bhd has lowered its 2025 inflation forecast to 1.4 per cent from 1.5 per cent (2024: 1.8 per cent), driven by the deflationary effects of Budi95.
1m ago
KUALA LUMPUR, Nov 19 (Bernama) -- OCBC expects a 25 basis point (bp) rate cut from Bank Negara Malaysia (BNM) next year, likely in the second quarter of 2026 (2Q 2026).
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid investors’ cautious sentiment about the US Federal Reserve (Fed) interest rate next month, an analyst said.
1m ago
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.