19d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting.
19d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 6 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade in a volatile “yo-yo” pattern next week, as year-end holidays lead to reduced participation from international traders, a trader said.
19d ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.
20d ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia opened lower on mild profit-taking after Wall Street’s mixed close, as investors adopted a cautious stance ahead of next week’s interest rate decision by the United States Federal Reserve (Fed).
21d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia opened slightly higher today on bargain hunting, tracking Wall Street’s overnight rebound amid rising expectations of US monetary easing next week.
21d ago
KOTA KINABALU, Dec 3 (Bernama) -- Sabah Deputy Chief Minister III Datuk Ewon Benedick has pledged to strengthen Sabah’s entrepreneurial ecosystem to make it more investor-friendly, competitive and capable of raising the standards of local products.
22d ago
KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.
22d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.
22d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit ended marginally higher against the greenback on Tuesday as weaker-than-expected US manufacturing data strengthened expectations of a cut in US interest rates next week.
23d ago
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.
23d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.
24d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Friday’s Wall Street gains as the overall sentiment was bolstered by improving expectations of a Federal Reserve rate cut in December, with many anticipating a further 25-basis-point reduction.