1y ago
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit was marginally higher against the US dollar on Wednesday as the US Dollar Index (DXY) continued to remain elevated after the United States (US) presidential election candidate, Donald Trump revealed his plan to raise import tariffs to protect and grow the US economy.
1y ago
SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 14 (Bernama) -- The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open Market Committee (FOMC) meeting on Sept 17-18.
1y ago
KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.