2m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit snapped its four-day uptrend to close marginally lower against the US dollar on Friday, as traders took profit amid the market uncertainty caused by the US government shutdown.
2m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 3 (Bernama) -- The Malaysian rubber market closed higher today, influenced by steady benchmark crude oil prices amid ongoing concern over natural rubber (NR) supply shortage due to inclement weather in major producing countries, a dealer said.
2m ago
KUALA LUMPUR, Oct 3 (Bernama) -- Emerging market currencies, including the ringgit, are expected to benefit from a possible further weakening of the greenback amid economic uncertainty stemming from the US government shutdown.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit extended gains against the US dollar at Friday’s opening, buoyed by expectations that a prolonged US government shutdown could prompt the Federal Reserve (Fed) to ease monetary policy.
2m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit continued to close higher against the US dollar on Thursday, as the United States (US) government shutdown which started today has taken a toll on the greenback, an analyst said.
2m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian rubber market ended mixed on Thursday, tracking regional rubber futures’ performance and steady oil prices amid supply concerns due to the rainy season in major producing countries, a dealer said.
2m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by continued buying interest in the local currency amid the US government’s first shutdown in nearly seven years.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit closed higher against the greenback on Wednesday, extending gains for the third consecutive session as the US dollar weakened after the American federal government shut down beginning today.
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia pared earlier gains in the session to close flat on Tuesday, as investors adopted a cautious stance ahead of domestic policy announcements and on worries over a US government shutdown, an analyst said.
2m ago
By Anas Abu Hassan
KUALA LUMPUR, Sept 30 (Bernama) -- The United States (US) must tread carefully before imposing blanket tariffs on Malaysia’s semiconductor exports, which could disrupt global chip supply and hit American industries, the US-ASEAN Business Council said.
2m ago
KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit opened stronger against the US dollar on Tuesday, supported by concerns that a potential United States (US) government shutdown could weigh on the greenback, an analyst said.
2m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit ended higher against the US dollar on Monday as concerns over a potential United States (US) government shutdown weighed on the greenback, an analyst said.