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Ringgit Rises As Traders Turn Cautious Ahead Of US Tariff Move

By Harizah Hanim Mohamed

KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.

Gold Futures Ease As Strong US Data Dampens Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.

ABB Unveils Advanced Circuit Breaker To Boost Power Resilience, Strengthen Cybersecurity

KUALA LUMPUR, July 2 (Bernama) -- ABB has unveiled the next generation of its flagship air circuit breaker, the SACE Emax 3, aimed at supporting facilities with high power demands such as data centres, advanced manufacturing plants, hospitals and airports.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

India Eyes Deeper Ties In Semiconductors And Digital Economy With Malaysia

KUALA LUMPUR, July 2 (Bernama) -- India is keen to deepen its already robust business linkages with Malaysia in the fast-growing semiconductor industry and digital economy.

Ringgit Rises As US Dollar Weakens On Fiscal Worries

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday, supported by continued weakness in the greenback as fiscal uncertainties and tariff risks in the United States weighed on sentiment, an analyst said.

Ringgit Ends Higher On Improved Sentiment Towards Emerging Market Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.

Rubber Market Ends Lower On Mixed Regional Cues

By K. Naveen Prabu

KUALA LUMPUR, July 1 (Bernama) -- The Malaysian rubber market ended lower today, tracking mixed cues from the regional rubber futures markets amid a stronger ringgit against the United States (US) dollar, a dealer said. 

Ringgit Opens Stronger As US Dollar Weakens Further

KUALA LUMPUR, July 1 (Bernama) -- The ringgit extended its upward trend at Tuesday’s open, buoyed by persistent weakness in the US dollar.

Ringgit Closes Higher Against Major Currencies, ASEAN Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, June 30 (Bernama) -- The ringgit closed higher against the US dollar today, buoyed by improved regional sentiment.