Bursa Malaysia Set To Trend Higher Next Week
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
| LATEST NEWS | PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | |
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US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM
By Vijian Paramasivam
KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.
Ringgit Hits 28-month High Against USD
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night,
Trade Rises 18.6 Pct To RM252.65 Bln In August, Fastest Growth Rate In 22 Months
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).
BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.
Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).
Bursa Malaysa Ends On A High Note
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.