1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit closed marginally lower today, pressured by a stronger greenback amid heightened tariff rhetoric from United States President Donald Trump, which lifted the dollar’s strength in broader markets.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, with prices likely surpassing the US$2,800 per troy ounce level on weaker US dollar, said SPI Asset Management managing partner Stephen Innes.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as the greenback weakened after US President Donald Trump's call for interest rate cuts.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives has taken a breather after its recent sharp surge, as concerns over United States (US) President Donald Trump's tariff policies have eased.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended at its highest level since November 2024 amid renewed tariff threats from United States (US) President Donald Trump, who announced preparations to impose a 10 per cent tariff on Chinese imports.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, fueled primarily by a dip in the US dollar and a continued decline in US Treasury yields following last week’s softer inflation data.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.
1y ago
KUALA LUMPUR, Jan 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely remain well-supported following the unpredictability of Donald Trump policies, said an analyst.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- UEM Lestra Bhd, a wholly-owned subsidiary and green industries arm of UEM Group Bhd, has secured offtakers for its National Energy Transition Roadmap (NETR) one-gigawatt (1GW) hybrid solar power plant project under the government’s Corporate Renewable Energy Supply Scheme or CRESS.