11m ago
By Siti Radziah Hamzah
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives were mostly higher on Wednesday, supported by a weakening greenback and the growing bets for deeper US interest rate cuts than currently priced, said an analyst.
11m ago
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
11m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, weighed by a downtrend in the regional rubber futures market amid global trade uncertainties, said a dealer.
11m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday, driven by concerns over a tight natural rubber supply due to the ongoing wintering and wet weather in major producing countries, said a dealer.
1y ago
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as the greenback weakened after US President Donald Trump's call for interest rate cuts.
1y ago
KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 17 (Bernama) -- The Kuala Lumpur rubber market ended the week on a lower note today amid mixed advice from regional rubber futures markets, said a dealer.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday, amid a softer-than-expected US Consumer Price Index (CPI) report, which has fuelled expectations among traders for potential interest rate cuts.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.