8d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
8d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, with the SMR 20 continuing to rise, supported by the uptrend in the regional rubber futures market and a weaker ringgit against the US dollar, a dealer said.
8d ago
PUTRAJAYA, Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.
8d ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
9d ago
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year.
9d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.
9d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 14 (Bernama) -- The Kuala Lumpur rubber market was higher today, supported by the uptrend in the regional rubber futures markets, said a dealer.
9d ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
9d ago
KUALA LUMPUR, Jan 14 (Bernama) -- Reforms are crucial steps to transform Malaysia into a more resilient and vibrant economy capable of adapting to domestic and global challenges.
9d ago
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.
10d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.
10d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market eased slightly on Monday, in tandem with regional rubber futures markets, said a dealer.