Ringgit Rises On Soft US Economic Data 

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.

Gold Futures Higher On Weaker US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close higher on Tuesday following a weaker US dollar, said an analyst.

Ringgit Ends Higher Against US Dollar On Fed Rate Cut Hopes

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.

Bargain Hunting Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia ended at its intra-day high on Tuesday as bargain hunting in selected heavyweights pushes the market up amid the stronger regional market performance.

Bursa Malaysia Opens Higher, Tracks Regional Gains

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia rebounded from Monday’s losses to open higher on Tuesday, tracking regional gains as investors remained optimistic about a potential United States Federal Reserve (Fed) interest rate cut next month.

Ringgit Extends Gains Vs US Dollar Amid US Rate Cut Talks

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.

Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day

KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.

Ringgit Strengthens On Weak US Jobs Report

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.

Bursa Malaysia Pulls Back On Profit-taking

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia pulled back on Monday as investors took profit on selected heavyweights, capitalising on Friday’s sharp rally to lock in short-term gains.

AIA Public Takaful Declares Record RM84 Mln Surplus Distribution

KUALA LUMPUR, Aug 4 (Bernama) -- AIA Public Takaful Bhd has declared a record surplus of RM84 million to be distributed to eligible certificate holders for the financial year ended Dec 31, 2024 (FY2024).

Ringgit To Trade At 4.25-4.26 Vs Greenback On Fed Rate Cut Optimism

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.

Bursa Malaysia Ends Sharply Higher As 13MP, US Tariff Cut Woo Bargain Hunting

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).