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By Siti Radziah Hamzah
KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit is expected to trade at around 4.50 against the US dollar next week as markets brace for Donald Trump’s inauguration on Jan 20, said Kenanga Investment Bank Bhd (Kenanga IB).
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst.
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia opened lower on Friday, taking cues from the overnight downbeat performance of Wall Street.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit eased against the US dollar at the close today on lack of buying momentum.
KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.
KUALA LUMPUR, Jan 15 (Bernama) -- The upcoming World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland, is envisioned to foster a spirit of cooperation and constructive optimism with the objective of shaping the forthcoming Intelligent Age more sustainably and inclusively.
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption.
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year.
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit steadied at around 4.50-level against the US dollar at the close today as market participants await the US Producer Price Index report later today.
