2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.
2m ago
KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit opened flat against the US dollar today, weighed down by a lack of catalysts during the holiday-shortened week, an analyst said.
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.
3m ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended gains to close higher against the greenback on Thursday on rising confidence that there will be another US interest rate cut in the middle of the month.
3m ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.
3m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, with market sentiments supported by an uptrend in the regional rubber futures markets and concerns over the global natural rubber supply caused by adverse weather, a dealer said.
3m ago
KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.
3m ago
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
3m ago
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.
3m ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.
3m ago
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit traded marginally higher at today’s opening today against the US dollar despite the strengthening of the US Dollar Index (DXY), said an analyst.
4m ago
By Nabilah Saleh
KUALA LUMPUR, Nov 11 (Bernama) -- Donald Trump's victory in the US presidential election is seen as potentially strengthening US’ relations with Malaysia, especially in economic and security aspects.