3m 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.
3m 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.
3m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 17 (Bernama) -- Continued buying momentum in financial services heavyweights pushed Bursa Malaysia to close at its intraday high today, with the key index strengthening its position above the 1,600 psychological level.
3m ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s benchmark index was up 0.19 per cent at lunch break, with the broader market remaining positive, driven by anticipation of the United States (US) Federal Reserve’s (Fed) interest rate decision later today.
3m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, trading between US$3,630-US$3,680 per troy ounce, amid the United States (US) Federal Reserve’s likelihood of an interest rate cut.
3m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia is expected to move within the 1,580 to 1,620 points range in subdued trading next week due to a holiday-shortened period, with investors’ focus on the upcoming US Federal Open Market Committee (FOMC) meeting.
3m 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.
3m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit held steady against the American dollar and strengthened versus other major currencies at the close on Thursday, as investors awaited the US Consumer Price Index (CPI) report due later tonight.
3m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The lower Overnight Policy Rate (OPR) is expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF).
3m ago
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.
3m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia's banking sector is well-positioned to navigate trade tensions and softer growth, driven by a strong labour market and stable household finances, said S&P Global Ratings.
3m ago
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed 0.47 per cent higher today as investors shifted their focus to large-cap stocks while tracking key regional indices.