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Ringgit Closes Lower Against US Dollar As Global Uncertainty Drive Investors To Safe Haven Currencies

By Zarul Effendi Razali

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.

Malaysia To Use Soft Power Diplomacy Amid Possible Economic Changes With Trump's Return

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.   

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia remained higher at midday, supported by buying in selected heavyweights led by consumer products and services, industrial products and services, as well as plantation.

Malaysia To Closely Monitor Development Of Trump Tariff Threat On BRICS - Tengku Zafrul

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia, as a partner country of BRICS, will closely monitor the development of US President-elect Donald Trump's threat to impose 100 per cent tariffs on BRICS countries, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

Bursa Malaysia Opens Higher, Tracking Upbeat Wall Street

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking the upbeat performance on Wall Street overnight.

Global South Should Unite In Response To Trump’s Tariff Threats On BRICS -- Jomo

KUALA LUMPUR, Dec 2 (Bernama) -- The Global South should unite, even in small ways to pursue shared goals, particularly because US President-elect Donald Trump has threatened tariff specifics for BRICS nations.

Ringgit Closes Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.

Rubber Market Ends Higher Boosted By Gains In Shanghai Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said. 

Ringgit Slightly Higher Against US Dollar In Early Trade

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback. 

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert

KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.