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Bursa Malaysia Extends Last Week's Momentum To Open Higher

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia extended last week’s momentum to open higher today, tracking the better overnight performance on Wall Street as investors continued to bet on “buy crypto and dollar” following Donald Trump’s election victory.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.

Ringgit To Trade In Tight Range Of 4.46-4.48 Versus US Dollar Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 23 (Bernama) -- The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Ringgit Rises Against US Dollar For Third Consecutive Day

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.

FMC Continues Monitoring Domestic Financial Market Conditions Amidst Key Global Developments

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.

Global Tech Upcycle, Front-loading Activities To Support Malaysia's Trade Performance In 4Q 2024

KUALA LUMPUR, Nov 20 (Bernama) -- The global tech upcycle and front-loading activities will likely support Malaysia's trade performance in the fourth quarter of 2024 (4Q 2024), said CIMB Securities Sdn Bhd.

Brazil At Sweet Spot For Malaysian Semiconductor Industry To De-risk Supply Chain - Tengku Zafrul

From M. Saraswathi

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

MPOB: US Trade Policy Changes To Have Minimal Impact On Palm Oil Sector

BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

Ringgit Continues To End Lower Vs US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Nov 13 (Bernama) --  The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US inflation data release tonight, an economist said.

The Late Daim: From Ex-Banker And Realtor To Nation's Economic Troubleshooter

KUALA LUMPUR, Nov 13 (Bernama) -- Tun Daim Zainuddin, who passed away this morning at the age of 86, is best known as former Prime Minister Tun Dr Mahathir Mohamad’s chief economic troubleshooter.