1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 30 (Bernama) -- Bursa Malaysia is expected to resume its uptrend next week, testing the psychological threshold of 1,600, after already breaching the level on Monday (Aug 25).
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.
1m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
1m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit ended higher against the US dollar on Monday, driven primarily by the United States Federal Reserve (Fed) chair Jerome Powell's dovish Jackson Hole speech, which signalled a possible interest rate cut in September.
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.
2m ago
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.
2m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit ended the week higher against regional currencies, but eased against the US dollar ahead of the Jackson Hole Economic Policy Symposium later tonight as traders await signals on the United States’ (US) monetary policy.
2m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today ahead of the United States (US) Federal Reserve’s (Fed) Jackson Hole symposium taking place tonight, as traders await signals on the US monetary policy.
2m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 22 (Bernama) -- The Malaysian rubber market closed lower on Friday, driven by weaker advice in the regional rubber futures markets, a dealer said.