Ringgit To Remain Steady, Trade Within 4.10-4.12 Versus Greenback Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting. 

Gold Futures Likely To Trade Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.

Gold Futures End Higher As US Dollar Weakens Ahead Of Fed Meeting

KUALA LUMPUR, Dec 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker US dollar amid rising expectations of a US interest rate cut, as markets look ahead to key US inflation data before next week’s Federal Reserve policy meeting.

Ringgit Extends Gains To Close Higher As Us Rate Cut Expectations Stay Elevated

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit extended its gains to close marginally higher against the greenback on Friday, as expectations of an interest rate cut next week by the US Federal Reserve (Fed) stayed elevated.

Shariah Compliance Aspects Of BNPL Need Deeper Examination - AKPK

KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.

Govt Urged To Provide Green Financing Incentives To MSMEs -- Senator

KUALA LUMPUR, Dec 4 (Bernama) -- The government is urged to provide green financing incentives to micro, small and medium enterprises (MSMEs) to promote the country’s transition towards decarbonisation, said Senator Datuk Ng Keng Heng.

Bursa Malaysia Ends Lower As Market Sentiment Turns Cautious

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia pared earlier losses to end marginally lower today as cautious sentiment prevailed ahead of the US Federal Reserve (Fed) meeting next week.

Gold Futures End Higher On Expectation Of Interest Rate Cut

KUALA LUMPUR, Dec 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, supported by a softer greenback amid growing expectations of a United States (US) interest rate cut next week.

Bursa Malaysia Snaps Two-day Rally On Profit-taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia snapped its two-day rally to close lower today, as investors engaged in profit-taking amid a more cautious trading tone, mirroring the mostly downbeat performance of regional peers.

InvestPenang, Intel To Continue Working Closely To Support Penang’s Transition Into Next-Generation Technologies

GEORGE TOWN, Dec 3 (Bernama) -- InvestPenang and Intel Corporation will continue working closely together to strengthen Penang as the state transitions into the critical areas of advanced packaging and next-generation technologies.

Bursa Malaysia Slips At Midday On Selective Profit-taking

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.

Ringgit Opens Marginally Higher Against Greenback

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Wednesday as traders opted for a wait-and-see mode ahead of the US Federal Open Market Committee (FOMC) meeting where an interest rate cut is highly anticipated, said an economist.