4m ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.
4m ago
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.
4m ago
KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.
4m ago
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.
4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.
4m ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
5m ago
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.
5m ago
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.
5m ago
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.
5m ago
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia opened lower on mild profit-taking after Wall Street’s mixed close, as investors adopted a cautious stance ahead of next week’s interest rate decision by the United States Federal Reserve (Fed).