8d ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.
8d ago
KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.
10d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.
10d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,600 to US$4,700 per troy ounce next week, on expectations that the United States (US) Federal Reserve (Fed) will maintain its restrictive monetary stance.
11d ago
KUALA LUMPUR, May 1 (Bernama) -- The government will continue to take the necessary measures in facing global economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.
12d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 30 (Bernama) -- The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices.
12d ago
KUALA LUMPUR, April 30 (Bernama) -- The United Arab Emirates’ (UAE) exit from the Organisation of the Petroleum Exporting Countries (OPEC) and its OPEC+ allies is not expected to significantly affect global oil prices, which are currently driven more by geopolitical factors.
12d ago
KUALA LUMPUR, April 30 (Bernama) -- The ringgit opened lower against the US dollar and was mixed against other currencies, as support from firmer oil prices was offset by broad dollar strength and cautious positioning following the US Federal Reserve (Fed)’s rate decision.
13d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.
13d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.
13d ago
KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.
13d ago
KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.