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MBSB IB Revises 2025 MGS Yield Forecast To 3.40 Pct

KUALA LUMPUR, Sept 10 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised its 2025 projection for the 10-year Malaysian Government Securities (MGS) yield to end the year at around 3.40 per cent, following the recent overnight policy rate (OPR) cut.

Fitch Lifts World Growth Outlook, Warns Of US Slowdown

KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.

Bursa Malaysia Opens Marginally Higher, Tracks Wall Street Rally

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened marginally higher on Wednesday, extending gains for a third straight session as it tracked Wall Street’s rally on hopes of a United States Federal Reserve (Fed) rate cut, while investors awaited key inflation data due today and tomorrow.

Ringgit Opens Higher, Tracks US Jobs Revision And Rate Cut Hopes

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, building on gains as weaker United States jobs data fuelled expectations of interest rate cuts.

Oil Prices Jump On News Of Doha Attack

KUALA LUMPUR, Sept 10 (Bernama) -- Oil prices jumped following news that Doha, the capital of Qatar, was attacked by Israel, which claimed responsibility for targeting Hamas leaders.

Ringgit Extends Gains Against US Dollar On Fed Cut Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, extending gains as the greenback weakened on rising expectations of United States interest rate cuts.

Ringgit Closes Firmer On Weak US Nonfarm Payrolls Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed higher against the US dollar today as the greenback weakened following a disappointing United States labour market report released last Friday.

Rubber Market Ends Higher On Steady Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 8 (Bernama) -- The Malaysian rubber market closed higher on Thursday, supported by steady benchmark crude oil prices amid concern over natural rubber supply shortage due to rainy weather in major producing countries, said a dealer.

Ringgit Rises Against Greenback On Weak US Jobs Data

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit opened stronger against the US dollar on Monday, lifted by growing expectations of United States (US) interest rate cuts after weaker nonfarm payrolls (NFP) data.

Ringgit Seen Up Against Greenback Next Week On Rising Odds For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.

Gold Futures To Remain Rangebound Next Week Ahead Of US Inflation Cues

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.

Ringgit Ends Slightly Lower Against US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday following a 0.1 per cent rise in the US Dollar Index (US DXY) to 98.245 points despite a weaker-than-expected job openings report in the United States (US), said an analyst.