4m ago
By Anas Abu Hassan
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit retreated against the greenback at the close on Thursday as investors reassessed the US interest rate outlook following the US Federal Reserve's (Fed) interest rate cut on Wednesday, an economist said.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian rubber market ended mixed on Thursday amid a weaker regional rubber futures market and lower crude oil prices, a dealer said.
4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.
4m ago
By Anas Abu Hassan
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest rate decision later in the day, an economist said.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 17 (Bernama) -- The Malaysian rubber market ended slightly higher on Wednesday, supported by the Chinese economic stimulus and optimism surrounding a potential rate cut by the United States Federal Reserve (Fed), a dealer said.
4m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by a combination of external factors including expectations of a more accommodative policy stance by the United States (US) Federal Reserve (Fed), said an analyst.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit is expected to trade within a tight range next week as investor focus shifts to the United States’ anticipated interest rate cut.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit ended the week on an upbeat note ahead of a widely expected interest rate cut by the United States next week.
4m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.
4m ago
KUALA LUMPUR, Sept 12 (Bernama) -- Rakuten Trade Sdn Bhd has raised its FTSE Bursa Malaysia KLCI (FBM KLCI) target to 1,650 from 1,630 for 2025, buoyed by renewed foreign fund inflows into Asia.
4m ago
KUALA LUMPUR, Sept 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained a 'market perform' call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility.
4m ago
By Anas Abu Hassan
KUALA LUMPUR, Sept 12 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback retreated after weaker United States (US) jobs data raised expectations of interest rate cuts.