5m ago
KUALA LUMPUR, Aug 6 (Bernama) --The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit continued to close higher against the US dollar as expectations of an interest rate cut by the US Federal Reserve (Fed) gained momentum, said an analyst.
5m ago
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit extended its gains to open higher against the US dollar today, as investor sentiment on risk assets rebounded amid talk of a possible United States (US) interest rate cut, an economist said.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit closed stronger against the US dollar on Monday following a softer-than-expected United States (US) jobs report that significantly altered market expectations on the Federal Reserve (Fed) policy, said an analyst.
5m ago
By Anas Abu Hassan
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.
5m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 2 (Bernama) -- The ringgit is expected to trade between 4.25 and 4.26 against the US dollar next week, following weaker-than-expected United States (US) Nonfarm Payrolls (NFP) data for July, which may prompt the US Federal Reserve (Fed) to consider an interest rate cut at its September meeting.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit closed lower against the US dollar on Friday as the dollar strengthened following new tariffs imposed by the United States on its trading partners, alongside developments related to the 13th Malaysia Plan (13MP).
5m ago
KUALA LUMPUR, Aug 1 (Bernama) – Malaysia’s education premised on science, technology, engineering and mathematics (STEM) and utilising artificial intelligence (AI) with a focus on applied learning across sectors are vital components in the quest to create a high value-added economy, economists said today.
5m ago
By Karina Imran
KUALA LUMPUR, Aug 1 (Bernama) -- The United States' (US) decision to reduce tariff on Malaysian exports to 19 pr cent from 25 per cent signals a willingness to negotiate, but the revised tariff is still expected to have significant economic repercussions for Malaysia in the short- and long-term, said an economist.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia’s manufacturing sector showed signs of stabilisation in July, with the pace of moderation easing as demand conditions gradually improved, according to S&P Global.
5m ago
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit opened flat against the US dollar but rose against other major currencies, with investors still weighing the outcome of the Federal Open Market Committee (FOMC) meeting and Washington’s reciprocal tariff measures, which take effect today.