Ringgit Ends Higher On Continued US Dollar Weakness

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit closed the week stronger against the US dollar amid the greenback’s continued weakness as the higher-than-expected US Producer Price Index (PPI) for July failed to provide lasting support for the currency.

MBSB IB Maintains Positive Call On Insurance Sector Despite Healthcare Inflation

KUALA LUMPUR, Aug 15 (Bernama) -- MBSB Investment Bank (MBSB IB) has maintained its “positive” recommendation on the insurance sector, citing attractive valuations and high dividend yields despite persistent healthcare inflation and delays in healthcare cost-control reforms.

Ringgit Opens Lower Versus Greenback

Local Latex Production Still Unable To Meet Industry Demand -- KPK

KUALA LUMPUR, Aug 14 (Bernama) -- Domestic latex production still falls short of fulfilling the demands of the latex-based product industry, which represents 75 per cent of the country’s rubber-based product exports.

Additional Investments Show Investors' Confidence In Malaysia’s Economic Prospects -- Tengku Zafrul

KUALA LUMPUR, Aug 14 (Bernama) -- The additional investments into Malaysia are due to the confidence investors have in the country’s economic prospects, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

CPO Futures Down On Profit-taking, B50 Delay & Weak China Vegoil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Thursday, pressured by profit-taking following calls by an Indonesian industry group to delay the B50 biodiesel mandate.

Ringgit Retreats After Three Days Of Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit closed lower today, snapping three consecutive days of gains as profit-taking emerged, with traders opting to lock in earlier gains.

Ringgit Opens Flat On Caution After Recent Gains

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.

Thailand Sets Up One-stop Service Centre To Help Exporters Weather US Tariffs

BANGKOK, Aug 13 (Bernama) -- Thailand has established the Ministry of Commerce One Stop Service (MOC OSS) Centre to assist Thai businesses in responding to United States (US) tariff measures, offering comprehensive trade services ranging from tax advisory to market expansion to help reduce export costs.

Ringgit Rises As Softer US Inflation Boosts Rate Cut Expectations

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected.

Ringgit Extends Gains Ahead Of US CPI Data Release