4m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Aug 30 (Bernama) -- The ruling by a United States (US) federal appeals court declaring most of President Donald Trump’s tariffs illegal could bring relief to the global economy by easing cost pressures on businesses and restoring demand.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit closed lower against the US dollar on Friday as traders turned cautious ahead of the United States (US) Personal Consumption Expenditures (PCE) data to be released later tonight.
4m ago
By Zarul Effendi Razali
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit snapped a two-day losing streak to end higher against the greenback on Thursday on rising bets for an interest rate cut in the United States next month and ahead of a key US inflation report tomorrow.
4m ago
By Zarul Effendi Razali
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened flat against the greenback on Thursday as investors await fresh leads ahead of key US inflation data.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation data.
5m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
5m ago
By Saraswathi Muniappan
KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.
5m ago
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened slightly weaker against the US dollar on Tuesday, pressured by profit-taking, as the US Dollar Index (DXY) rose 0.73 per cent to 98.430.