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Ringgit Rises Vs Greenback On Stronger Odds Of US Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.

Trump Demands Resignation Of Intel Chief Executive Lip-bu Tan

WASHINGTON, Aug 7 (Bernama-dpa) -- United States (US) President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan, after a US senator accused the chip manager of being too close to China, German Press Agency (dpa) reported. 

Tengku Zafrul Urges Companies To Be Indispensable, Competitive Globally To Withstand Tariffs

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has called on Malaysian firms, including small and medium enterprises (SME), to become indispensable and competitive globally to withstand tariffs and other trade barriers.

FMM Calls For Clear Guidance, Support Measures Following Proposed US Tariff On Semiconductors

KUALA LUMPUR, Aug 7 (Bernama) -- Clear and timely guidance is crucial to maintaining investor confidence and preventing disruptions to supply chains that are integrated with the United States and global markets, according to the Federation of Malaysian Manufacturers (FMM).

Stronger-than-expected June IPI Signals Solid 2Q GDP Growth -- RHB IB

KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).

Rubber Market Ends Lower As US Tariffs Take Effect

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 7 (Bernama) -- The Malaysian rubber market ended easier today in tandem with its regional counterparts as tariffs announced earlier by the United States (US) began to take effect, said a dealer.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

Malaysia's IPI Rose Significantly By 3.0 Pct In June 2025 -- DOSM

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by a significant 3.0 per cent in June 2025 from 0.3 per cent in May 2025 driven by growth momentum in the manufacturing and electricity sectors, according to the Statistics Department Malaysia (DOSM). 

Malaysia’s Semiconductor Exports still Exempted From Reciprocal Tariffs -- Miti

KUALA LUMPUR, August 7 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) reiterated that Malaysia’s semiconductor exports to the United States (US) are currently still exempted from reciprocal tariffs.

Bursa Malaysia Edges Up In Morning Session Amid Regional Gains

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia ended the morning session slightly higher on Thursday, reflecting resilience amid upbeat regional performance, despite pressure from escalating global trade tensions.

Ringgit Opens Firmer On Softer US Dollar, Rate Cut Hopes 

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, lifted by a softer greenback amid growing expectations of interest rate cuts by the United States Federal Reserve (Fed) in the coming months.

Ringgit Ends Higher Ahead Of Fed Comments

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar as investors took advantage of the greenback’s weakness ahead of comments from United States (US) Federal Reserve (Fed) officials tonight, said an analyst.