9m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.
9m ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
9m ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
9m ago
By Karina Imran
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, aligning with regional peers and bolstered by new stimulus measures from China, according to an analyst.
9m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.
9m ago
KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.
9m ago
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.
9m ago
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.
9m ago
By Vijian Paramasivam
KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.