Ringgit Weakens Versus US Dollar, Higher Against Major Currencies
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
| LATEST NEWS | Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | |
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Gold Futures End Higher
KUALA LUMPUR, Jan 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on the first trading day of the year.
Ringgit Closes Lower On Continuous Demand For Greenback
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit finished lower against the US dollar on the first trading day of the year on continuous demand for the greenback due to concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
FBM KLCI Futures Close Lower
KUALA LUMPUR, Jan 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the underlying cash market’s performance.
Bursa Malaysia Ends First Trading Day Of 2025 On Weak Note
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets.
Maybank IB: CPO Prices Seen At RM4,500–RM5,000 In 1Q 2025
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).
FBM KLCI Futures Mostly Lower In Early Trading
KUALA LUMPUR, Jan 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were mostly lower in early trading today.
Bursa Malaysia Stages Weak Start To 2025
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.
Singapore Economy Grows 4.3 Pct In 4q 2024 – MTI
SINGAPORE, Jan 2 (Bernama) -- Singapore's economy grew by 4.3 per cent year-on-year (y-o-y) in the fourth quarter of 2024 (4Q 2024), slower than the 5.4 per cent expansion in the previous quarter, according to advance estimates from the Ministry of Trade and Industry (MTI).
Ringgit Starts 2025 Lower On Fed Rate Cut Concerns
KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.
Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.
Rubber Market Follows Regional Futures Market Uptrend
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 30 (Bernama) -- The local rubber market closed positive on Monday, supported by the uptrend in regional rubber futures markets, following expectations of improved Chinese economic data from additional stimulus, a dealer said.