FBM KLCI Highest In Four Months On US Rate Cut Hopes

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia extended its winning streak to seven consecutive sessions, with the FBM KLCI closing at a four-month high, driven by US July inflation data that came in slightly below expectations at 2.7 per cent, boosting hopes of a Federal Reserve (Fed) rate cut in September.

Rubber Market Close Lower On Weaker US Economic Data, Mixed Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysian rubber market closed lower today, influenced by the weaker United States (US) economic data reported yesterday, and the mixed trend in regional rubber futures markets, said a dealer. 

Cloud Computing Policy To Position Malaysia As Regional Hub By 2030 - Gobind

KUALA LUMPUR, Aug 13 (Bernama) -- Malaysia has reaffirmed its ambition to become a leading regional cloud and digital hub by 2030 with the launch of the National Cloud Computing Policy (NCCP), a pivotal step in the development of the country's digital ecosystem, said Digital Minister Gobind Singh Deo.

Ringgit Rises As Softer US Inflation Boosts Rate Cut Expectations

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected.

Pepper Prices On Continuous Uptrend This Year - Chan Foong Hin

TAWAU, Aug 12 (Bernama) -- The local pepper industry recorded continuous price increases in the first seven months of this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Ringgit Extends Gains Ahead Of US CPI Data Release

Rubber Market Ends Higher As US-China Tariff Truce Extension Lifts Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian rubber market ended higher on Tuesday, driven by the stable benchmark crude oil prices as sentiment was boosted by fresh optimism over the United States (US)-China tariff truce extension, said a dealer. 

Public Gold Customer Base To Hit 2.3 Mln By End-2025, Mulls Indonesia, Thailand And UAE Expansion

By Fatin Umairah Abdul Hamid and Mikhail Raj Abdullah

KUALA LUMPUR, Aug 12 (Bernama) -- Robust demand for gold is expected to raise Public Gold Marketing Sdn Bhd’s customer base to 2.3 million by the end of the year from 2.2 million currently.

Ringgit Up Against US Dollar, Major Currencies Ahead 2Q GDP Announcement

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit extended its uptrend against the US dollar and major currencies at the opening on Tuesday ahead of Malaysia’s second quarter 2025 gross domestic product (GDP) data to be released on Friday, said an analyst.

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

Ringgit Opens Higher Against Greenback

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, rebounding after two consecutive sessions of losses, amid growing concerns over the impact of the United States’ tariffs on the domestic and global economy, analysts said.

Ringgit Likely To Trade Cautiously Next Week Amid US Tariff Concerns

KUALA LUMPUR, Aug 9 (Bernama) -- The ringgit is anticipated to trade cautiously against the dollar next week as investors monitor external developments, particularly regarding United States tariffs.