Rubber Market To Face Upward Pressure Next Week

By K. Naveen Prabu

KUALA LUMPUR, Sept 27 (Bernama) -- The rubber market is expected to face upward pressure next week as supply constraints and firm demand continue to shape market sentiment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Ringgit Ends Lower Against US Dollar, Higher Against Other Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit ended weaker against the greenback on Friday as the US interest rate outlook remained cloudy and as US President Donald Trump ramped up his trade war with the world via more tariff announcements.

Ringgit Eases Versus Greenback On Firm US Economic Data

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar on Friday as the greenback gained momentum following stronger United States (US) economic data.

Ringgit Rises Against Greenback, Major Currencies Ahead US PCE Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit ended marginally higher against the greenback on Thursday as improved market sentiment emerged ahead of the release of the US Personal Consumption Expenditures (PCE) inflation data on Friday.

Ringgit Holds Steady Against Greenback Amid PBoC Fixing

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit held steady against the US dollar at opening on Thursday, amid the recent People's Bank of China’s (PBoC) pressure on market sentiment.

Ringgit Opens Slightly Higher As Greenback Slips On Softer US Data

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.

Ringgit Ends Lower Against Greenback On Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.

Ringgit Extends Gains On RON95 Subsidy Reform

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.

Ringgit Ends Firmer on Government’s Prudent RON95 Subsidy Move

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed firmer against the US dollar and other major currencies on Monday, supported by positive market sentiment following the government’s measured rationalisation of RON95 fuel subsidies. 

Malaysia Must Reposition As A Technology Creator - Liew

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia must reposition itself as a technology nation by becoming a creator of technologies rather than merely a user, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

RON95 Subsidy Rationalisation Expected To Strengthen Fiscal Position – Economists

PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.

Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.