10m ago
KUALA LUMPUR, March 9 (Bernama) -- Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.
10m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week due to market uncertainty, said an analyst.
10m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 8 (Bernama) -- Bursa Malaysia is expected to trend higher next week, supported by improved sentiment and renewed interest in fundamentally strong stocks.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 7 (Bernama) -- The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed) outlook and Bank Negara Malaysia’s decision to hold rates steady, said an analyst.
10m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, March 7 (Bernama) -- The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 6 (Bernama) -- The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened due to a mix of slowing United States (US) economic data, tariff uncertainty, and unpredictable policymaking, prompting traders to look elsewhere, said an analyst.
10m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
10m ago
KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- The ringgit surged against the US dollar on Wednesday, riding the wave of broad greenback weakness and renewed global risk appetite, said an analyst.
10m ago
KUALA LUMPUR, March 5 (Bernama) -- The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.
10m ago
KUALA LUMPUR, March 4 (Bernama) -- The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States (US) tariff implementation, an analyst said.