| LATEST NEWS | Perlis Menteri Besar Mohd Shukri handed his resignation letter to the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, this afternoon | Mohd Shukri Ramli announced his resignation as Perlis Menteri Besar due to health factors | |
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit continued to weaken against the US dollar on Wednesday as uncertainty surrounding the outcome of the US presidential election on Nov 5 weighed on the local currency.
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit is expected to remain stable next week although it may face downward pressure due to the current bullish outlook of the US dollar.
KUALA LUMPUR, Oct 18 (Bernama) -- The ringgit traded slightly higher against the US dollar at the opening as traders anticipated that the local currency would trade sideways while focusing on next year's fiscal deficit targets, even as global banks continued to pursue easy monetary policies.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, with the US Dollar Index (DXY) increasing by 0.2 per cent to 103.47 points, as global interest rate cuts gained momentum, while the United States (US) Federal Reserve seemed hesitant to follow suit.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.
By Anas Abu Hassan
KUALA LUMPUR, Oct 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be less bullish next week, but will still be supported amid ongoing geopolitical tensions, an analyst said.
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
KUALA LUMPUR, Oct 10 (Bernama) -- The ringgit opened lower against the US dollar as the minutes of the US Federal Reserve (Fed) meeting showed Fed officials were divided on whether to cut interest rates by half a point in September, implying smaller cuts going forward, said an analyst.
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday, ahead of the release of the minutes of the US Federal Reserve’s (Fed) September meeting later tonight, which will offer more clarity on its interest rate-cutting trajectory.
